Permira's Iglo caught in horsemeat scandal

Iglo Group has withdrawn some of its Bird’s Eye ready meals after it found 2% horse DNA in one of its products.

Permira’s portfolio company Bird’s Eye, part of the Iglo Group, has withdrawn ready meals from the UK and Belgium after a product from one of its Belgium suppliers, Frigilunch, tested positive for horse DNA. 

The product in question, chilli con carne, is on sale in Belgium and tested positive for 2 percent horse DNA. Bird’s Eye has withdrawn that product as well as all other beef products from this supplier as a precaution, according to a statement from Bird's Eye.

Bird’s Eye, who has now introduced an on-going DNA testing programme, began testing its products after horsemeat was initially found in beef products of a number of European manufacturers. 

Permira, which acquired Iglo for €1.9 billion in 2006, declined to comment on the incident.

UK-based Lion Capital was also embroiled in the scandal after beef lasagne products from portfolio company Findus tested positive for more than 60 percent horse meat last month. 

These products had been withdrawn days earlier “as a precautionary measure”, after its French supplier, Comigel, raised concerns about the type of meat used in the product.

All other Findus products have been tested and are not affected, Findus Group said at the time.