Nomad Foods completed its acquisition of Findus Switzerland from Froneri International, as well as certain intellectual property from an affiliate of Nestle, for a purchase price of approximately €110 million ($135.3 million) on Monday.
The acquisition expands Nomad Foods’ geographic reach into Switzerland, a new and sizable market, providing a natural extension for its Findus product offering and brand.
This transaction unifies Nomad Foods’ ownership of the Findus brand across Europe where it operates in Italy, France, Spain, Sweden, Norway, Finland, Denmark and now, Switzerland.
