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Greenberg Traurig’s Client Nomad Foods Limited Completes Acquisition of Findus Group’s Continental European Businesses

LONDON – Nov. 2, 2015 – Greenberg Traurig, LLP’s client, Nomad Foods Limited (Nomad), announced Monday that it has completed its acquisition of Findus Sverige AB and its subsidiaries for approximately £500 million. The acquisition includes Findus Group’s continental European businesses in Sweden, Norway, Finland, Denmark, France, Spain, and Belgium, as well as the intellectual property and commercialisation rights to the Findus, Lutosa, and La Cocinera brands in the respective markets.

Greenberg Traurig, LLP advised Nomad on this transaction, which extends Nomad’s position as the largest frozen food company in Western Europe, with leading market share in nine countries (UK, France, Sweden, Germany, Italy, Austria, Belgium, Portugal, and Spain).

The acquisition reunites Nomad’s existing Findus-branded business in Italy with the brand in other key geographies, strengthening overall presence across the European continent.

Nomad’s co-founders and co-chairmen, Noam Gottesman and Martin E. Franklin, jointly remarked, “The closing of this acquisition demonstrates our ability to successfully execute against our defined strategy. Bringing these businesses together will yield substantial synergies, which we intend to re-invest in our ongoing growth and expansion. As we work to build a best-in-class global consumer foods company, we are encouraged by the opportunity set and remain focused on creating value for all of our stakeholders.”

The Greenberg Traurig team that assisted Nomad was led by Corporate & Securities shareholders Donn A. Beloff (Fort Lauderdale), Alan I. Annex (New York), and Henrietta Walker (London).

Other members of the team included shareholders Cate Sharp (London), Graham Iversen (London), Brian J. Gavsie (Fort Lauderdale), Sean W. Bezark (Chicago), Flora R. Perez (Fort Lauderdale), and Emma L. Menzies (London); associates Gary Bellingham (London), David Hirschman (London), Amy Moore (London), Adam Cain (London), Simon Harms (London), and Luke Dixon (London); and trainee Charlotte Irvine (London).