Nomad Foods Limited (NYSE:NOMD) entered into an agreement to acquire Green Isle Foods Ltd. from Northern Foods Limited for approximately €230 million on a cash and debt free basis on January 17, 2018. The purchase price is subject to customary working capital adjustments. The purchase price is expected to be funded through cash on hand. The transaction is expected to be completed in the first quarter of 2018, subject to certain closing conditions. Nomad Foods expects the acquisition to be immediately accretive to adjusted EBITDA and adjusted earnings per share and, within two years post-closing, contribute approximately €150 million revenue, €22 to €25 million adjusted EBITDA and €0.08 to €0.09 adjusted earnings per share. Rothschild & Co SCA acted as the financial advisor to Northern Foods Limited. Credit Suisse acted as financial advisor and Norton Rose Fulbright and Matheson acted as legal advisors to Nomad Foods on the transaction. James Kerrigan of DLA Piper UK LLP acted as legal advisor to Boparan Holdings Limited, parent of Northern Foods Limited.