date:Dec 13, 2019
shed a presence in Europe, Latin America, Africa and Asia-Pacific regions.
Recently, the company acquired TipTop in New Zealand and Nestls ice-cream business in Israel, further expanding its global footprint.
The companies involved expect to complete the deal in the first quarter of next year.
Nestl said that it will retain and manage its remaining ice-cream businesses in Canada, Latin America and Asia.
Froneri CEO Ibrahim Najafi said: This is another milestone acquisition for Froneri as we