Former Findus majority owner criticizes handling of horsemeat crisis

February 13, 2013, 8:07 am

Lyndon Lea of Lion Capital – the private equity firm that owns 33% of Young’s Seafood parent Findus Group — told The Daily Telegraph’s City Diary column the horsemeat scandal has been handled “poorly”, from a public relations perspective.

“As a minority investor in Findus, we strongly encourage chairman Dale Morrison and the management team of Findus to give a full and total clarity to all details surrounding the supply of frozen meals from Comigel,” the Lion Capital founder told The Telegraph.

“We agree with [the] sentiment that a more visible and clear communication should be taken… and will continue to push for that to happen.”

The Telegraph also pointed out that James Hill, incoming CEO of the company, is still in Italy working his notice period with Unilever.

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