Nomad Foods Limited (NOMD) Reports Acquisition of Findus Switzerland from Froneri International Ltd. for Approx. EUR110M

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Go back to Nomad Foods Limited (NOMD) Reports Acquisition of Findus Switzerland from Froneri International Ltd. for Approx. EUR110M

Nomad Foods to Acquire Findus Switzerland

November 9, 2020 6:45 AM EST

Acquisition unifies the Findus brand and expands Nomad Foods reach into an attractive frozen food market

Findus is Switzerlands leading frozen food brand with a portfolio highly complementary to Nomad Foods

Expected to be immediately accretive to Adjusted EPS with multiple levers for value creation

FELTHAM, England--(BUSINESS WIRE)-- Nomad Foods Limited (NYSE: NOMD) announced today that it has entered into an agreement to acquire Findus Switzerland from Froneri International Ltd. and certain intellectual property from an affiliate of Nestlé... More