Permira announces today that a company backed by Permira Europe III has entered into a definitive agreement to sell Iglo Foods Holdings Limited (“Iglo Group”, or the “Group”), Europe’s largest frozen food business, to Nomad Holdings Limited (“Nomad”) for €2.6 billion.

Nomad Holdings Limited has entered into a definitive agreement to acquire Iglo Foods Holdings Limited, Europe's leading frozen food company, from a company backed by the Permira funds for approximately €2.6 billion, subject to customary closing conditions.

UK food brand Birds Eye is launching Mashtags this month, a new product inspired by social media.

To celebrate the 30th birthday of the Birds Eye Potato Waffle, the UK’s leading frozen food brand is launching a tasty new mini version.