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September 02, 2015 6:52 PM ET

Food Products

Company Overview of Iglo Foods Holdings Limited

Company Overview

Iglo Foods Holdings Limited produces, markets, and distributes frozen food products in Europe. It markets its products under the brands Birds Eye, Findus, and Iglo in the United Kingdom, Ireland, Italy, Germany, Austria, Belgium, the Netherlands, Portugal, France, Russia, Switzerland, and Hungary. The company was formerly known as BEIG Topco Limited and changed its name to Iglo Foods Holdings Limited in June 2011. The company was incorporated in 2006 and is based in Feltham, the United Kingdom. Iglo Foods Holdings Limited is a subsidiary of BEIG LP Incorporated. As of June 1, 2015, Iglo Foods Holdings Limited operates as a subsidiary of Nomad Holdings Limited.

Building 5

New Square

Bedfont Lakes

Feltham,  TW14 8HA

United Kingdom

Founded in 2006

2,746 Employees

Phone:

44 2089 183 200

Key Executives for Iglo Foods Holdings Limited

Chief Executive Officer and Director
Age: 49
Chief Operating Officer and Director
Managing Director of Iglo Markets and Director
Managing Director of Birds Eye Uk & Ireland and Director
Deputy Chief Financial Officer
Compensation as of Fiscal Year 2015.

Iglo Foods Holdings Limited Key Developments

Iglo Foods Group Reports Unaudited Earnings Results for the Five Months Ended May 31, 2015

Iglo Foods Group reported unaudited earnings results for the five months ended May 31, 2015. For the period, net revenue was EUR 640.3 million. Operating profit after exceptional items was EUR 28.6 million. Group loss before tax was EUR 87.1 million. Loss for the period was EUR 128.0 million. EBITDA was EUR 41.1 million. Adjusted EBITDA was EUR 125.4 million.

Iglo Foods Holdings Limited to Report Q2, 2015 Results on Aug 27, 2015

Iglo Foods Holdings Limited announced that they will report Q2, 2015 results Pre-Market on Aug 27, 2015

Iglo Foods Holdings Limited Announces Executive Changes

Nomad Holdings Limited has entered into a definitive agreement to acquire Iglo Foods Holdings Limited from a company backed by the Permira funds for approximately 2.6 billion, subject to customary closing conditions. Upon closing, Nomad intends to change its name to Nomad Foods Limited. Following the closing of the transaction, Mr. Gottesman and Mr. Franklin will be appointed as Non-Executive Chairman of Nomad Foods Limited and will work closely with Iglo Group's executive management team to ensure the successful execution of the Company's organic and acquisitive growth strategies. Iglo Group's current Chief Executive Officer, Elio Leoni Sceti, has resigned from his current role to pursue another opportunity as indicated in a separate announcement that will be issued later on April 20, 2015, but remains deeply committed to the Company's long-term vision and success. Mr. Leoni Sceti will serve as CEO until June 2015 and he will become a non-executive director of Nomad Foods Limited, effective upon closing.

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Type
Date
Target
Merger/Acquisition
April 20, 2015
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