Frozen food manufacturer Nomad Foods is reportedly in talks to acquire Goodfella’s Pizza for around £200 million, according to the Financial Times.
The deal would see Nomad add the frozen pizza business to its portfolio, which includes brands such as Bird’s Eye, Iglo and Findus.
Last month the frozen food group reported revenue of €459 million in the third quarter of its financial year, representing growth of 4.4%.
Goodfella’s is currently owned by UK manufacturing giant 2 Sisters Food Group, which produces the pizzas at facilities in Naas and Longford in Ireland.
Yesterday, 2 Sisters announced plans to share all of the audit and inspection data from its plants, in an effort to increase transparency in the food supply chain, following a number of food-safety allegations.
The group is the UK’s second-largest food company by turnover, operating 12 production sites in the country, with brands such as Fox’s Biscuits, Donegal Catch, and Green Isle frozen foods.
Source: European Supermarket Magazine
Carlsberg has announced the departure of its chief financial officer (CFO), Heine Dalsgaard, after six years in the position. In a statement, Carlsberg said that Dalsgaard was resigning from the post to take up the role of CFO at a private equity-backed company in a different industry.
Kellogg will split into three independent companies to focus on the snack business, Reuters reported Tuesday. The snacking portfolio will comprise the main business, while the North America cereal unit and the plant-based business will be spun off. The company is also considering a sale of the plant-based business.
The snacks giant says the acquisition will help build on its commitment to “lead the future of snacking” in key geographies worldwide. Once the transaction is completed, Mondelēz will continue to operate the Clif Bar business from its headquarters in Emeryville, California. The snack giant will also continue to manufacture Clif Bars’ products, which include Clif Bar, Luna and Clif Kid, at its facilities in Idaho and Indiana.
