IFLR1000

Nestlé/R&R Ice Cream joint venture

27/3/2016
Joint venture
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€ 3 billion

$ 3.311 billion

Completed

27/3/2016

Overview:

  • Nestlé and British firm R&R Ice Cream have agreed on the creation of a join venture entitled Froneri, which will aim to sell frozen foods in over 20 countries.
  • The deal will see Nestle and R&R ice cream businesses combined in Europe, the Middle East, Argentina, Australia, Brazil, the Philippines and South Africa.
  • R&R is owned by French private equity firm PAI Partners.

Sam Duke - Editor

Jurisdictions:

France
United Kingdom

Deal type:

Joint venture

Practice area:

M&A

Industry sector:

Food and beverage

Firms:
A&O Shearman

Party: PAI Partners (Joint venture partner)

Lawyer: Stephen Lloyd

Linklaters

Party: Nestlé (Joint venture partner)

Lawyer: Michael Honan

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