Product type | Frozen food |
---|---|
Owner | Nomad Foods |
Country | United Kingdom |
Related brands | Birds Eye Findus |
Markets | 15 countries |
Previous owners | Unilever Permira |
Iglo is a frozen food brand based in the United Kingdom, with products sold across the European continent. It is owned by Nomad Foods Europe, which also owns the rights to the Birds Eye brand in the United Kingdom and Ireland, and Findus across Europe.
Formerly owned by private equity firm Permira, the company was sold to the food company Nomad Foods in June 2015, valuing the group at €2.6bn (£1.9bn). [1] Nomad purchased the operations of Findus in all markets except the United Kingdom in November 2015, [2] and merged the businesses of Iglo and Findus in 2016 to form Nomad Foods Europe.
In November 2006, private equity fund Permira acquired the BirdsEye and Iglo businesses from Unilever for €1.7bn, forming the BirdsEye Iglo Group. In 2010 BirdsEye Iglo Group purchased the Italian frozen food business Compagnia Surgelati Italiana SPA from Unilever for €0.8bn, and reunited the Findus brand in Sweden into the group that had previously been managed as one business under Unilever until 2006. On 24 June 2011, BirdsEye Iglo Group changed its legal name to Iglo Foods Group Limited, and began trading as the Iglo Group.
Blackstone Group and BC Partners made an unsuccessful bid of €2.5bn to buy Iglo from Permira in 2012. [3] In April 2015 Permira agreed on a majority sale to United States-based investment vehicle Nomad Foods, valuing the group at €2.6bn (£1.9bn). [1]
Following the purchase of Findus by Iglo's parent Nomad Foods, the Findus brand is due to be brought back under the same ownership across Europe. [4]
Iglo shut down their operations in France and absorbed it to Findus in 2016. [5]
Unilever PLC is a British multinational fast-moving consumer goods company founded on 2 September 1929 following the merger of British soap maker Lever Brothers and Dutch margarine producer Margarine Unie. It is headquartered in London, England.
Fish fingers or fish sticks are a processed food made using a whitefish, such as cod, hake, haddock, or pollock, which has been battered or breaded and formed into a rectangular shape. They are commonly available in the frozen food section of supermarkets. They can be baked in an oven, grilled, shallow fried, or deep-fried.
United Biscuits (UB) is a British multinational food manufacturer, makers of McVitie's biscuits, Jacob's Cream Crackers, and Twiglets. The company was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. In November 2014, the company was acquired by Yıldız Holding and is now part of Pladis.
Birds Eye is an international brand of frozen foods founded in the United States and now owned by Conagra Brands in the United States, by Nomad Foods in Europe, and Simplot in Australia.
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Findus is a frozen food brand which was first sold in Sweden in 1945. Findus products include ready meals, peas and Crispy Pancakes, the latter of which were invented in the early 1970s.
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Premier Foods plc is a British food manufacturer headquartered in St Albans, Hertfordshire. The group owns many well-known brands, including Mr Kipling, Ambrosia, Bird's Custard, Angel Delight, Homepride cooking sauces, Lyons, Sharwood's, Loyd Grossman sauces, Oxo, Bisto, Batchelors and Plantastic. Premier Foods also produce cakes under the Cadbury's name, using the brand under licence. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Permira is a British global investment firm specialised in buyouts, growth funds, equity funds, and credit funds. Founded in 1985 as part of Schroders, it became independent in 1996. Operating as Permira since 2001, the company became one of the largest buyout specialists. As of 2024, Permira advises funds with total committed capital of €80 billion, which have invested in more than 300 companies worldwide. The company employs over 470 people in 15 offices across Europe, North America and Asia.
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Young's Seafood Ltd. is a British producer and distributor of frozen, fresh, and chilled seafood, supplying approximately 40% of all the fish eaten in the United Kingdom every year. It is headquartered in Grimsby, England.
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Richelieu Foods is an American private label food manufacturing company founded in 1862 and headquartered in Wheeling, Illinois. It was previously owned by investment group Brynwood Partners and owned by investment group Centerview Partners LLC from 2010 to December 2017, when it was sold to Parsippany, New Jersey–based Freiberger USA Inc., a subsidiary of the German Südzucker AG.
Comigel S.A.S. is a privately owned French food processing company, headquartered in Metz.
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Nomad Foods is a British frozen foods company, with its headquarters in the United Kingdom. The company's jurisdiction of incorporation is the British Virgin Islands. In 2015, Nomad acquired the Iglo Group. Five countries – the UK, Italy, Germany, France and Sweden – accounted for a combined 75% of its total sales in 2016.
Sir Martin Ellis Franklin, KGCN is a British American, Miami-based businessman. He is the founder and chairman of Element Solutions Inc.; co-founder and co-chairman of Nomad Foods Limited, and co-founder and former chairman of Jarden Corporation, which was sold to Newell Brands in 2016. Franklin is also the founder and CEO of Mariposa Capital, a Miami-based family investment firm; a director of Restaurant Brands International Inc.; chairman and controlling shareholder of Royal Oak Enterprises, LLC, and is a principal and executive officer of several other private investment entities.
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