This deal will now bring all of the Nestlé Europe, Middle East and North Africa ice cream businesses into the Froneri group.
Froneri, England, announced plans to acquire the Noga Ice Creams Limited Partnership, Israel, which is part of the Nestlé-owned business Osem Group, Switzerland. This deal will now bring all of the Nestlé Europe, Middle East and North Africa ice cream businesses into the Froneri group.
“We’re very excited to be building on the strengths of our existing joint venture with Nestlé. By entering Israel, we’re continuing to realize our vision of becoming the world’s best ice cream company,” says Ibrahim Najafi, chief executive officer of Froneri.