Nomad Foods completed the acquisition of Findus Switzerland from Froneri for €110m.

Nomad Foods, a frozen foods company, completed the acquisition of Findus Switzerland, a frozen food brand, from Froneri, a dairy products company, for €110m ($130m). “We are thrilled to announce the acquisition of Findus Switzerland, a brand and market which closely complement our existing portfolio. By unifying the Findus brand under Nomad Foods’ ownership and extending our geographic reach into Switzerland, we believe we have multiple levers for long-term value creation. We look forward to welcoming the Findus Switzerland team into our organization,” Stéfan Descheemaeker, Nomad Foods Chief Executive Officer.