Nomad Foods is honing in on a number of mid-sized European frozen foods companies with an eye toward acquisition, CEO Stefan Descheemaeker told analysts during a second quarter earnings call.
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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.
7 August 2020 5:57 GMT
Updated
10 August 2020 9:35 GMT
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