Nestlé in talks to form JV with Europe’s R&R Ice Cream
UK’s R&R Ice Cream, owned by funds controlled by PAI Partners, France, and Nestlé S.A., Switzerland, are in advanced discussions to set up a new joint venture covering ice cream based in Europe and Africa.
The proposed joint venture will capitalize on the strengths and innovation expertise of the two companies. For example, it will combine Nestlé’s strong and successful brands and experience in ‘out-of-home’ distribution with R&R’s competitive manufacturing model and significant presence in retail.