Nestlé announced that it intended to discontinue the Findus brand in the UK in favour of its Crosse & Blackwell name. The plan was dropped when Swedish firm EQT Partners purchased the Findus brand in Scandinavia, France, Spain and the UK from Nestlé in 1999. Geir Frantzen, a former senior manager at Findus AB, bought out the UK company in April 2005 from EQT. EQT sold the rest of the Findus business (excluding Italy and Switzerland) to CapVest Limited in January 2006, which subsequently created FoodVest as a holding company for Findus and Young's Seafood. In July 2008 FoodVest, including Findus, was purchased by the British private equity firm, Lion Capital LLP. FoodVest was renamed Findus Group in 2009. On 6 January 2009, a fire broke out at the British Findus factory, devastating much of the building. Newcastle Production, owners of the factory, entered in the administration with Zolfo Cooper on 12 January, leading to 359 redundancies. Unilever later sold Findus Italy to Permira in 2010. In June 2011 it was announced that Findus Group would take back direct responsibility for sales and marketing of the Findus brand in Spain, which it had previously licensed to Ardo in 2005. In November 2015, Findus in all markets excluding the UK was sold to Nomad Foods, former Nomad Holding, which had already purchased Iglo Group, former Birds Eye, in June that year. Findus' UK operations remained alongside Young's under the ownership of investors led by Lion Capital. In February 2016, Young's confirmed it would discontinue use of the Findus brand in the UK, replacing it with Chef's Classic and Original Pancake Co. Froneri later sold Findus Switzerland to Nomad Foods Europe for approximately €110 million in 2021, unifying Birds Eye/Iglo/Findus ownership in continental Europe. Products The Italian Findus range includes 4 Salti in Padella (literally "four jumps in a pan", Italian for "stir frying"), a microwavable or easy cooking version of classic Italian dishes, such as carbonara, amatriciana and tagliatelle al ragù. Crispy Pancakes Crispy Pancakes is the name of a brand of frozen savoury pancakes containing various fillings and coated with breadcrumbs. Past fillings include cheddar cheese, chicken and bacon, chicken and sweetcorn and chicken and mushroom (these were being phased out in November 2001 and finally discontinued in 2002). Crispy pancakes, packaged in Britain, are sold in the United Kingdom and Ireland. In Italy, they were historically made and packed