Grupo Herdez, Froneri form 50-50 Mexico ice cream joint venture
Reuters2026/08/31 22:11- Grupo Herdez closed a 50-50 strategic alliance with Froneri in Mexico’s ice cream business.
- Froneri to inject capital to accelerate growth, taking operational management of the venture.
- Herdez contributed its ice cream business operated under a Nestlé license since 2015.
- No cash proceeds for Herdez at closing; it stops consolidating the division, shifting to the equity method.
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