Birds Eye owner Nomad Foods eyes mid-sized European acquisitions as COVID shifts the playing field

The company is now looking to split its nearly €830 million ($985 million) cash mountain between a shareholder buyback, a mid-sized acquisition and working capital.

Stefan Descheemaeker, CEO of Iglo Group. Photo: Nomad
Stefan Descheemaeker, CEO of Iglo Group. Photo: NomadFoto: Jim Forrest
Published 7 August 2020, 05:57Updated 10 August 2020, 09:35
Nomad FoodsStefan DescheemaekerBonafide Wealth Management