What happened
In its 2025 results report, Nestlé said it is in talks to sell its ice cream business. According to Reuters, the deal would concern assets in Asia, Canada and parts of Latin America — the potential buyer is named as Froneri, in which Nestlé owns 50%.
Froneri was valued last year at approximately €15 billion including debt, when Goldman Sachs and the Abu Dhabi Investment Authority (ADIA) invested in the business. In the document Nestlé explains the decision as part of a "brand rationalization" and a refocus on other divisions.
Why this is happening
According to management logic, the company is divesting parts of the portfolio that do not meet target growth rates or margins. Nestlé officially says it wants to concentrate on the coffee, pet care, infant nutrition and snacks divisions. The company also forecasts organic sales growth of 3–4% in 2026, underscoring a focus on stable, more predictable categories.
This is not an isolated move: a similar logic was followed by Unilever, which in December 2025 spun off its ice cream business into a new public company, The Magnum Ice Cream Company (TMICC). This wave of restructurings indicates that large FMCG groups are systematically rethinking the management model for premium and seasonal categories.
"I don't see long-term reputational problems from the recalls of baby formula"
— Filip Navratil, CEO of Nestlé
Consequences for the market and Ukraine
For consumers and suppliers this means two things: consolidation can simplify logistics and branding in some regions, but at the same time will reduce the number of independent players in the market, affecting competition and prices. For component and logistics suppliers — there may be both risks and new contracts if supply chains are rebuilt.
As for Ukraine, such moves by large corporations are a signal for domestic exporters and government policy: it is worth seeking niches in the production of ingredients, snacks and packaging where one can offer a competitive proposition or become part of new supply chains. This is an opportunity, but to realize it requires concrete contracts and investments, not just declarations.
Conclusion: the continuation of Nestlé's negotiations over ice cream is not a sensation, but a symptom of a broader consumer goods market strategy. The ball is now in the court of investors, buyers and local suppliers: whether these arrangements will turn into concrete contracts and jobs will be shown by the next stage of the deals.
