Birds Eye in talks to take over Findus
The owners of Birds Eye are in talks to take over Findus in a move that would create a frozen foods giant.
Nomad - an acquisition vehicle backed by entrepreneurs Martin E Franklin and Noam Gottesman - said it was in early talks to buy frozen-food producer Findus Group.
The discussions are said to be focused on Findus's continental European business and its brand, Nomad said in a statement.
A deal would follow an agreement in April by London-based Nomad to purchase Iglo Foods Holdings, the maker of Birds Eye frozen vegetables, for €2.6bn.
A combination of Iglo and Findus would create a frozen food giant with products spanning fish fingers, peas and microwavable lasagna.
Iglo is the world's second-largest frozen-food manufacturer, with 3.3pc of the market in 2014, according to data from Euromonitor International.