Iglo GC plans exit after six years at Birds Eye owner

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.

Birds Eye Iglo

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.”