Nomad Foods Limited


NOMD

Price

28.23


Change

0.43


High

28.27


Low

27.57


Avg Volume

584,986


PE Ratio

NA


52 Week High

31.85


52 Week Low

22.44



Profile

Nomad Foods is a European frozen foods company, with its headquarters in the United Kingdom. The company's jurisdiction of incorporation is the British Virgin Islands. In 2015, Nomad acquired the Iglo Group. Five countries – the UK, Italy, Germany, France and Sweden – accounted for a combined 75% of its total sales in 2016. Nomad Foods was founded on 1 April 2014 as an investment vehicle without operational business by Noam Gottesman and Martin E. Franklin. Its shares were listed on the London Stock Exchange. On 20 April 2015, Nomad Holding announced it would acquire the Iglo Group , based in Feltham, London, England, from Permira for €2.6 billion. On 1 July 2015 Nomad Holdings completed the acquisition and renamed itself to Nomad Foods. Permira holds a 9 percent stake in the new company.


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