Nestle in talks to sell remaining ice cream business in Canada, other markets

Globo

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Nestlé is in advanced negotiations to sell its own brands of sorvetes, said this Friday the new director of the company, Philipp Navravtil. According to him, the idea is to sell its remaining sorvetes business — including brands like Lafrutta, known as the Brazilians — for the joint venture Fronteri, which the food giant maintains with the private equity manager PAI Partners. The share structure of the joint venture will remain as it is, he said.

El Comercio

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Nestlé withdraws from the ice cream market and reduces its presence in bottled water.Establishment and stock exchange: what do the markets expect after the arrival of José Balcázar to the presidential chair?Nestlé, the world's largest food and beverage manufacturer, announced on Thursday that he was in “advanced negotiations” to sell his ice cream business to Froneri, a joint venture that the company manages with PAI Partners. According to the m…

Quotidiano Nazionale

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Rome, February 20, 2026 - Ice cream no longer heats large groups. After Unilever's release from Magnum business, Nestlé also prepares farewell to ice cream. The Swiss group is in advanced negotiations to sell 50% in Froneri, the joint venture that produces brands such as Maxibon, Coppa del Nonno and Häagen-Dazs. An operation that can be worth up to 9 billion dollars and that marks a change of route: less freezer, more focus on coffee, snacks and…