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The World’s Biggest Food Company Is Ditching Ice Cream

Nestle values its ice cream unit at nearly 1 billion Swiss francs and plans to focus on coffee, petcare, nutrition, and snacks under CEO Philipp Navratil.

Summary by CNN
The world’s biggest food company is selling its remaining ice cream business as it looks to simplify its sprawling operations under new CEO Philipp Navratil.

2 Articles

CNNCNN
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The world’s biggest food company is ditching ice cream

The world’s biggest food company is selling its remaining ice cream business as it looks to simplify its sprawling operations under new CEO Philipp Navratil.

·Atlanta, United States
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ReutersReuters
Center

Nestle weighs reducing exposure to ice cream business, Bloomberg News reports

Nestle is weighing a smaller presence in the ice cream business and has been reviewing options, including a possible reduction of its stake in Froneri, Bloomberg News reported on Wednesday.

·United Kingdom
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  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

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Reuters broke the news in United Kingdom on Wednesday, February 18, 2026.
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