Nomad Foods
 | |
| Limited | |
| Traded as | NYSE: NOMD |
| Industry | Foods |
| Founded | 1 April 2014 |
| Founder |
Noam Gottesman Martin E. Franklin |
| Headquarters | Road Town, Tortola, British Virgin Islands |
Key people | Stéfan Descheemaeker (CEO)[1] |
| Revenue |
 EUR 1.501 billion (2014)[1] |
|
EUR 306 million (2014)[1] | |
| Total equity |
 EUR 1.462 billion (2014)[1] |
Number of employees | 2,800 (31 March 2015)[1] |
| Subsidiaries | Iglo |
| Website |
www |
Nomad Foods is a British Virgin Islands-based food company, that acquired the Iglo Group in 2015. The company generates about 85 percent of its revenues in Germany, Austria, Italy and the United Kingdom.
History
Nomad Foods was founded on 1 April 2014 as an investment vehicle without operational business by Noam Gottesman and Martin E. Franklin. Its shares were listed on the London Stock Exchange. On 20 April 2015 Nomad Holding announced it would acquire the Iglo Group (with its brands Iglo, Birds Eye and Findus in Italy), based in Feltham, London, England, from Permira for €2.6 billion.[2] On 1 July 2015 Nomad Holdings completed the acquisition and renamed itself to Nomad Foods. Permira holds a 9 percent stake in the new company.
Nomad subsequently purchased the Findus Group, excluding its operations in the United Kingdom, in November 2015.[3] The acquisition meant Findus' operations in Italy owned by Iglo were reunited with those in the rest of continental Europe and Scandinavia under the same ownership.
In January 2016, the company moved its listing from the London Stock Exchange to the New York Stock Exchange.[4]
References
- 1 2 3 4 5 http://www.nomadfoods.com/~/media/Files/N/Nomad/investor-docs/results-and-presentations/nomad-foods-company-presentation-070715.PDF
- ↑ "Birds Eye owner, Iglo Group, sold to American firm". BBC News. 20 April 2015. Retrieved 11 February 2016.
- ↑ "Nomad Foods Limited Completes Acquisition of Findus Group's Continental European Businesses". PR Newswire. 2 November 2015. Retrieved 11 February 2016.
- ↑ "Nomad Foods To Celebrate Official Listing On New York Stock Exchange By Ringing Opening Bell". PR Newswire. 12 January 2016. Retrieved 13 February 2016.