Norton Rose Fulbright advises Nomad Foods on its acquisition of Aunt Bessie’s

Global law firm Norton Rose Fulbright has advised Nomad Foods on the agreement to acquire Aunt Bessie’s Limited from William Jackson & Son Limited. The value of the acquisition is approximately €240 million.

The purchase price is expected to be funded through cash on hand and debt. The transaction is expected to be completed during the third quarter of 2018, subject to certain closing conditions including obtaining any necessary regulatory approvals.

Aunt Bessie’s is the leading frozen food company in the United Kingdom, manufacturing, distributing and selling a range of branded frozen food products. The acquisition of Aunt Bessie’s is expected to further develop Nomad Foods’ portfolio in the United Kingdom. The combination of Aunt Bessie’s, Birds Eye and recently acquired Goodfella’s is expected to result in a highly complementary portfolio with significantly enhanced scale, greater diversification and more resources to accelerate category growth. The Aunt Bessie’s acquisition includes a production facility in Hull, England.

Earlier this year, Norton Rose Fulbright and law firm Matheson based in Ireland, advised Nomad Foods on its acquisition of Goodfella’s Pizza.

Jason Moss, corporate partner, Norton Rose Fulbright commented:

“We are delighted to be advising Nomad Foods on its acquisition of Aunt Bessie’s. This transaction will expand Nomad’s portfolio within the United Kingdom and fits alongside its previous acquisitions of Birdseye and Goodfellas Pizza to help position it as a leading supplier of frozen food in the UK market, which is of strategic importance to the Nomad Foods group.”

For further information please contact:

Kate Farrell, Public Relations Executive
Tel: +44 (0) 20 7444 3724; Mob: +44 (0) 7515 324 290
kate.farrell@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright

Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.

Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.

Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices.