Nestlà has sold its Israeli ice cream business to Froneri for an undisclosed sum in a move that sees it fully exit the EMENA ice cream space. As it continues to prune lower growth and margin brands from its portfolio, analysts expect further divestments are on the cards.
Read more about it via https://www.foodnavigator.com/Article/2019/07/05/Nestle-continues-portfolio-pruning-with-ice-cream-sale-What-else-could-go-on-the-block?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS
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