The Company has presence in approximately 15 countries, including France, Sweden, Germany, Italy, Austria, Belgium, Portugal and Spain with approximately 10 factories. The Company produces, markets and distributes branded frozen food products across Europe under Birds Eye, Findus, Iglo and Lutosa brands.
Nomad Foods ist 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.
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 to acquire the Iglo Group (with its brands Iglo, Findus and Birds Eye), based in Feltham, London, England, from its former owner Permira for 2.6 billion euro. On 1 July 2015 Nomad Holdings completed the acquisition and renamed itself to Nomad Foods. Permira holds a 9 percent stake of the new company. Nomad Foods plans more acquisitions in the food business and the move of its stock listing from the London Stock Exchange to the New York Stock Exchange.
Trader Joe's to stop buying Mexican shrimp United States
Grocery store chain Trader Joe’s, located in Monrovia, California, has declared it will stop buying shrimp from Mexico amid the pressure exercised by the Boycott Mexican Shrimp campaign launched earlier this year by more than 45 organizations.