The Swiss food giant has been studying possibilities including cutting its stake in Froneri, an ice cream joint venture with ...
CEO Philipp Navratil called the segment "a distraction" as the company looks to slim down its portfolio and focus on its biggest brand opportunities.
Nestlé calls its ice cream arm a distraction, opting to transfer global operations to Froneri. The move mirrors Unilever’s strategy as major CPGs streamline portfolios.
Bhd (Nestle Malaysia) has initiated a process to explore the potential sale of its ice cream business to Froneri after its ultimate ...
Nestlé explores exiting most ice cream operations via Froneri sale talks to simplify its portfolio and focus on core growth pillars.
Bhd will explore the potential sale of its ice cream business to Haagen-Dazs owner Froneri following the announcement by Nestle Malaysia's ultimate holding company, Nestle SA, that it will dispose of ...