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Announced

Completed

Nomad Foods acquired Aunt Bessie's from William Jackson & Son for EUR240m.

Financials

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Transaction Value£212m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Food Products

Completed

Acquisition

frozen foods

Private

Synopsis

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Nomad Foods, a UK-headquartered frozen foods company, acquired Aunt Bessie's, a UK producer of frozen food products, from William Jackson & Son, a British food manufacturer, for EUR240m. Commenting on the transaction, Stefan Descheemaeker, Nomad Foods’ Chief Executive Officer, said: “The acquisition of Aunt Bessie’s exemplifies our dedication and progress towards transforming the frozen food category, both organically and through acquisitions. Aunt Bessie’s further develops our portfolio in the UK with its strong brand positioning and market leadership in frozen roast potatoes and frozen Yorkshire puddings. We are eager to welcome the Aunt Bessie’s team to the Nomad Foods organization and look forward to creating value for all stakeholders.”

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