Froneri has agreed to acquire the Noga Ice Creams Limited Partnership, subject to regulatory approval. Noga is part of the Nestlé-owned business Osem Group and means Froneri will be entering the Israeli market for the first time. This milestone deal will now bring all of the Nestlé Europe, Middle East & North Africa ice cream businesses into the Froneri group. Speaking about the deal, Ibrahim Najafi, CEO of Froneri explains: "We're very excited to be building on the strengths of our existing joint venture with Nestlé. By entering Israel we're continuing to realise our vision of becoming the world's best ice cream company."
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