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Analysis

Sources: ‘Par’ £500m price for ex-Young’s Findus ops leaves owners with big task ahead

Deal done at a multiple of around x9 ebitda, an acceptable level for a branded business, leaving owners with a big task to get Young’s into sellable shape

By Tom Seaman | Aug. 17, 2015 10:03 BST
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The earnings multiple paid by Nomad Foods for the Findus Group Southern Europe and Nordic units is considered to be about “par”, leaving the ownership group with a big task ahead in getting Young’s Seafood into sellable shape [...]

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