Froneri scoops Nestlé’s US ice cream division for $4bn
By Beth Newhart
Last updated on
Nestlé USA is the second largest ice cream manufacturer in the US, and Froneri will now be the second largest ice cream manufacturer in the world.
Froneri started as an ice cream-focused joint venture between Nestlé and PAI Partners in 2016, and the relationship will be furthered by the acquisition of Nestlé USA’s collection of ice cream brands.
The joint-venture between PAI Partners and Nestlé, Froneri, which is the world’s third largest ice cream manufacturer, has announced its annual results for the year ending December 31, 2018.
This week’s Dairy Dialog podcast features three interviews, with Phil Griffin, Froneri Group head of sales on Froneri’s purchase of Fonterra’s Tip Top ice cream operation; on some new flavored butters in the US, with Bennett's Butter Co. chef and...