Sector News

Nestlé México to Sell Ice-Cream Assets to Grupo Herdez

December 22, 2014
Food & Drink
Nestlé México has announced the signing of a strategic agreement to sell its ice cream assets to Grupo Herdez.
 
Grupo Herdez is a leading producer of shelf-stable foods and frozen yogurt in Mexico.
 
The divestment includes Nestlé’s ice cream manufacturing facility in Lagos de Moreno, Jalisco, distribution equipment, freezers and an exclusive long-term license to market and sell Nestlé’s ice cream brands in Mexico. Under the terms of the agreement, all employees from Nestlé’s ice-cream unit will be transferred to Grupo Herdez.
 
> Read the Grupo Herdez press release on their website (Spanish).

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