Findus Spain is buying La Cocinera, a frozen meals business, from Nestle as frozen foods continue to attract investor interest.
La Cocinera, headquartered in Barcelona, makes frozen food products. The deal also includes the bran's Valladolid factory, where the products are produced. Nestle is not selling La Concinera's chilled dough-products, including obleas, puff pastry and pie dough. Terms of the deal were not disclosed. The transaction was announced Jan. 8.