Nestlé Explores Options to Develop Chilled, Frozen Foods Subsidiary
As part of its ongoing portfolio review, Nestlé S.A., Switzerland, announced plans to explore strategic options for the development of its subsidiary Davigel, a leading provider of branded chilled and frozen food products, ice cream and prepared foods. This mainly involves identifying a partner to help Davigel in its next stage of growth while safeguarding the best interests of employees, customers and shareholders.