Nomad Foods Limited (NYSE: NOMD) has reached an agreement to acquire Findus Switzerland. The sellers are ice cream Froneri and a subsidiary of Nestlé SA, which still holds certain intellectual property rights. The purchase, for a total amount of approximately EUR 110 million, will be made on a debt-free free cash basis.
BlueNalu Expands Partnership With Nomad Foods, Gains Acceptance Into UK Regulatory Sandbox
US-based cultivated seafood producer BlueNalu has announced an expansion of its partnership with leading European frozen food company Nomad Foods. The collaboration, which began in 2021, will support the future commercialization of cultivated seafood products in Europe. The companies will initially work on market-entry strategies in the UK, with a focus on premium food service and limited-time offerings. The news follows BlueNalu’s acceptance into the UK Food Standards Agency’s novel foods regulatory sandbox, which aims to fast-track approvals of cultivated meat and seafood products. To date, BlueNalu is the only US-based company to be admitted into the program, and the only one focused primarily on cultivated seafood. “As a company that has a long history of successfully introducing innovative and great-tasting fish and seafood products, …