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Iglo Group general counsel Anthony Barratt is set to leave the Birds Eye owner later this year as the private equity-owned business kicks off a search for a replacement.
Barratt will exit the frozen-food group after joining from Telefonica’s O2 Airwave in 2006, shortly before Airwave was acquired by Macquarie for £1.9bn in 2007. His destination is unclear.
Iglo, which trades under the Birds Eye brand in the UK, has been owned by Permira since 2007, when the buyout house – advised by Clifford Chance partner Matthew Layton – purchased it from Unilever for €1.7bn.
Blackstone and BC Partners put in a joint €2.5bn bid for the company last summer, which was rejected by Permira, which reportedly later scrapped plans to sell it off.
An Iglo spokesperson said in a statement: “We would like to thank Anthony for the huge contribution he has made to Iglo Group over the past 6 years and we wish him well for the future when he leaves later in the year. We have begun a search for Anthony’s replacement.”