All news articles for November 09, 2020

Descheemaeker: 'Long-term value creation'

Nomad Foods swoops on Findus Switzerland

By Rod Addy

Nomad Foods Ltd has agreed to acquire Findus Switzerland from Froneri International and certain intellectual property from an affiliate of Nestlé SA for €110m (£97.7m).

Left to right: Mindful Chef co-founders Myles Hopper and Giles Humphries

Nestlé acquires healthy meal kit company

By Gwen Ridler

Nestlé has acquired a majority stake in prepared frozen foods and recipe box company Mindful Chef, as it expands its direct to consumer offering.

The agreements have been made in order 'to build the best added-value chilled food company in the UK'

Double acquisition heralds chilled foods mega-merger

By Rod Addy

Addo Food Group and Winterbotham Darby have been acquired by private equity firm PAI Partners for undisclosed sums, with the aim of merging the two to create a significant force in chilled foods.

Businesses said the climate of uncertainty was hampering investment to tackle climate change

Brexit and COVID-19 hindering green projects

By Rod Addy

Food industry environmental initiatives are being hampered by the financial impact of COVID-19 and uncertainties surrounding the UK's relationship with the EU after the Brexit transition period, according to an industry survey.