Nomad Foods Set To Buy Fortenova Group’s Frozen Food Assets
Nomad Foods has entered into exclusive talks with Croatian food producer and retailer Fortenova Grupa to acquire its frozen food business.
Fortenova's 'Frozen Food Business Group' (FFBG) frozen food portfolio includes a number of popular brands in the Balkan region, including Ledo in Croatia, Frikom in Serbia (pictured) and Ledo Citluk in Bosnia and Herzegovina.
The acquisition of FFBG would 'extend Nomad’s portfolio into new and developing European markets, while also creating a beachhead for potential future consolidation within Central and Eastern Europe', the Birds Eye owner said in a statement.
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