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Nomad Holdings to buy UK frozen foods maker Iglo for $2.8 billion
2015-04-20 17:35:27| Industrial Machines - Topix.net
The deal is expected to be funded through a combination of Nomad's cash on hand, equity, and the proceeds from a private placement to raise about $750 million, Nomad Holding, an acquisition company formed in April 2014, said on Monday. UK-based Iglo sells its frozen food such as fish, vegetables and meat across 12 European countries, with a focus on the United Kingdom, Germany and Italy where it has manufacturing plants.
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Category:Industrial Goods and Services