Froneri, the UK-headquartered ice cream joint venture owned by Nestlé and R&R, has agreed to acquire Noga Ice Creams from Nestlé.
Noga is currently part of the Nestlé-owned business Osem Group, and the deal sees Froneri enter the Israeli market for the first time.
The acquisition will bring all the Nestlé Europe, Middle East and North Africa ice cream businesses into the Froneri group.
“We’re very excited to be building on the strengths of our existing joint venture with Nestlé,” said Ibrahim Najafi, CEO of Froneri. “By entering Israel we’re continuing to realise our vision of becoming the world’s best ice cream company.”
He added: “Our consumers are at the heart of our business and we intend to invest in the local brands, products and flavours that Nestlé has been exciting the market with for over 20 years. We’re looking forward to welcoming the team into Froneri.”
Froneri said the existing management team will continue to lead Noga, and its brands such as La Cremeria, Extreme, Cookilida, Crunch and Gumigum will continue to be available.
Marco Settembri, CEO zone Europe, Middle East and North Africa, Nestlé, said: “With its continued growth and global prominence in the ice cream market, Froneri’s success speaks for itself. This milestone deal marks the final stage of the transition of our EMENA ice cream businesses into Froneri, further strengthening its presence in the region.”
The deal comes two months after Froneri secured an agreement to acquire Fonterra’s New Zealand ice cream business Tip Top for NZD 380 million ($250.2 million).
Earlier this year, Froneri launched Nuii, a new ice cream sticks brand, in a move to target the adult evening snack occasion.
Source: FoodBev
Heineken has sold its shareholding in Brasseries, Limonaderies et Malteries (Bralima), its operating company in the Democratic Republic of Congo (DRC), to Elna Holdings. Elna, a Mauritius-based company that operates in the DRC and across Africa, will assume full responsibility for Bralima’s operations. This includes production, distribution, employees and engagement with local stakeholders.
Diageo has appointed John O’Keeffe as CEO and president of its North America business, effective April 2026. O’Keeffe has been with the company for more than 20 years and currently serves as president for Asia Pacific and Global Travel. He takes over the position from Sally Grimes, who stepped away from the company in March.
JBS has opened a biotechnology centre in Florianópolis, Brazil, focused on developing applied science across the food production chain. The facility, named JBS Biotech, will operate in areas including animal health, precision nutrition and functional and alternative proteins.
