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Nestle, the world’s biggest food company, won’t make ice cream

The world’s biggest food company is selling its remaining ice cream business as it looks to simplify its sprawling operations under new CEO Philipp Navratil.

Nestle has thawed on ice cream.
The world’s biggest food and drinks maker said Thursday that it was in “advanced negotiations” to sell its remaining ice cream business to its joint venture partner, Froneri.
Shares gained 3% in morning trade in Zurich… [1529 chars]

Source: Cable News Network | Published: 2026-02-19T09:58:15Z

Credit: Cable News Network

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