As part of its ongoing portfolio review, Nestlé Spain has announced the signing of an agreement to sell La Cocinera frozen ready to eat meals business to Findus Spain.
The divestment includes La Cocinera brand and the Valladolid factory, where the frozen culinary products are produced. The chilled dough products (obleas, puff pastry, pie dough, etc), today under La Cocinera brand, are not part of the deal.
The agreement is subject to the approval of the Spanish competition authorities.
Read the story on Nestlé Spain website (in Spanish).