date:Apr 29, 2016
e Nestls European frozen food business (excluding pizza and retail frozen food in Italy), as well as its chilled dairy business in the Philippines. The transaction is subject to employee consultations and the approval of regulatory authorities. Financial details were not disclosed.
This is an exciting growth opportunity in a dynamic category, said Paul Bulcke, Nestl CEO. Froneri will capitalize on complementary strengths and innovation expertise, combining Nestls strong and successful brands an