Nestlé and R&R firm partnership in the creation of Froneri

Nestlé and R&R, ice cream company based in the United Kingdom, decided to create the Froneri. The joint venture will combine the companies '' activity in the ice cream and will include the business of Nestlé ''s frozen foods in Europe, with the exception of Italy. In addition, you will understand your business of chilled dairy products in the Philippines. The financial details are not being disclosed.
The partnership, which will have sales of about 2.7 billion Swiss francs in over 20 countries, will have headquarters in the United Kingdom and will employ approximately of 15 1000 people. Its operations will cover initially, Europe, the Middle East, with the exception of Israel, Argentina, Australia, Brazil, the Philippines and South Africa.
Paul Bulcke, CEO of Nestlé, Froneri will capitalize on the complementary strengths and expertise in innovation, combining strong brands and successful of Nestlé.