Mar 12, 2015

Nestlé South Africa to sell ice cream business to R&R

As part of its ongoing portfolio review, Nestlé South Africa has announced the signing of an agreement to sell its ice cream business to R&R.

The divestment includes Nestlé’s ice cream manufacturing facility in Clayville and the transfer to R&R of all employees from Nestlé's ice-cream unit.

The agreement is subject to the approval of the South African competition authorities.

Read the press release on the Nestlé South Africa website.