Deals
Nomad Buys Goodfella's Pizza for $275 Million After Deal Hiatus
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Nomad Foods Ltd. agreed to buy Goodfella’s Pizza for about 225 million euros ($275 million), ending the company’s dealmaking lull as it pushes ahead in consolidating frozen-food businesses.
U.K-based Nomad, which began as an acquisition vehicle backed by entrepreneurs Martin E. Franklin and Noam Gottesman, is buying the frozen-pizza maker in an all-cash deal from a subsidiary of Boparan Holdings Ltd, according to a statement Wednesday. Nomad is adding Goodfella’s to a list of brands including Birds Eye, Findus and Iglo after more than two years without a deal.