In 1945 Findus launched the first deepfrozen food products in Sweden. In 1962, this Findus brand was sold to Nestlé. In January 2000, it was bought by EQT, a Swedish firm. Geir Frantzen, a former senior manager at Findus AB, bought out the UK company in April 2005 from EQT.The rest of the Findus business (excluding Italy and Switzerland) was bought from EQT in January 2006. In Italy, the brand was owned by Unilever which markets a different line of frozen foods common to the Iglo and Birds Eye brands in other countries. In Spain and Portugal the brand has been owned by Ardo, Europe's largest frozen vegetables company, since 2006.
Foodvest is now known as the Findus Group , having changed its name on June 8, 2009.
The Findus Group is a multinational food business headquartered in the UK and with operations around Europe.The Findus Group is one of Europe’s largest frozen food and seafood companies with leading brands, 6000 employees and over £1.1 billion turnover. It is the parent company of Young’s, Findus and The Seafood Company. An estimated 20 million people eat the Group products on average every week.
Two subsidiaries of Pacific Andes request to be declared bankrupt Hong Kong
As part of its restructuring process, Pacific Andes International Holdings (PAIH) announced that two indirect subsidiaries, Golden Target Pacific Limited and Nouvelle Foods International Limited, have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.
New fishing technology is 'a double-edged sword' Spain
A research study conducted by the Institute of Environmental Science and Technology of the Universitat Autònoma de Barcelona shows that future improvement of fishing technology poses a threat for the global fishery that could be greater than climate change.
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