FDBusiness.com

Nestlé to Sell Some Italian Frozen Food Brands

 Breaking News
  • Nestlé Inaugurates New Nescafé Dolce Gusto Production in Vietnam Nestlé has inaugurated a new Nescafé Dolce Gusto capsule production line in Dong Nai Province, Vietnam. The site will process an expected 2,500 tons of coffee per year (equivalent to 130 million capsules), using high quality coffee beans from Vietnam. This volume is expected to increase in the coming years. The investment reflects Nestlé’s clear focus on high-growth, [...]...
  • Pink Lemonade Yogurt? Arla Brings Indulgence to New Markets Arla Foods is to expand its successful Finnish brand, Ihana, into new markets with the premium yogurt range being launched in Denmark and the UK. Meaning ‘wonderful’ in Finnish, Ihana was launched through an extensive brand launch in 2016 in Finland with an iconic new design. Indulgence is one of the few areas in growth within [...]...
  • Process Components Announces Kemutec Expansion into Netherlands Process Components has announced the expansion of subsidiary company Kemutec in Europe, with the long-established manufacturing brand opening a new office in the Netherlands. The move forms a key part of its global strategy to extend its global territories, significantly grow its revenues and create new jobs. Kemutec has more than three decades’ worth of heritage in [...]...
  • Packaging Automation Supports the Reduction in Plastic Packaging Waste With the launch of the UK Plastics Pact to address the impact plastic waste is having on the environment, retailers and manufacturers are more conscious of single use and non-recyclable plastics and want to cater for the green consumer. The industry is turning to various kinds of eco-friendly packaging with the aim of reducing plastic [...]...
  • Glanbia Cheese Joint Venture to Build New €130 Million Mozzarella Cheese Facility Glanbia Cheese, the joint venture business between Glanbia plc and Leprino Foods, plans to build a new, world-class mozzarella cheese manufacturing facility in Portlaoise, County Laois, Ireland. A site for the new facility has been identified at the recently established Togher National Industrial Estate in Portlaoise. A total of €130 million will be invested in [...]...

Nestlé to Sell Some Italian Frozen Food Brands

Nestlé to Sell Some Italian Frozen Food Brands
May 08
09:23 2017

As part of its investment and development plan for the Italian market, Nestlé has agreed the sale of its business branch that encompasses La Valle Degli Orti, Mare Fresco and Surgela brands to with FRoSTA Group, the frozen food company.

The deal is part of the Nestlé development plan announced last December which will see the Benevento factory become ‘an international hub’ focused exclusively on the production of Buitoni frozen pizzas. An overall investment of €48 million will allow a radical overhaul of the production lines, introducing cutting-edge technology, thus making the plant in Italy’s Campania region an example of production excellence capable of meeting both domestic and international demand.

No negative impact on employment is envisaged for the Benevento production facility. Actually it will witness a progressive increase in jobs with the advancement of the development plan, which includes a major increase in production capacity for frozen pizzas.

Operating since 1963 and in Italy since 1989, FRoSTA Group has a turnover of €440 million, employs 1,600 people and operates facilities in eight countries.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements