Nestlé Exits Global Ice Cream Business, Including Peruvian Brand D’Onofrio
Nestlé is divesting its global ice cream business, a move that includes the sale of the Peruvian brand D’Onofrio, which it acquired nearly 30 years ago. The decision allows the food and beverage giant to refocus on core areas, as ice cream represents only 0.8% of Nestlé’s total sales, according to Infobae.
The company announced its plans regarding D’Onofrio prior to the broader announcement of the global ice cream business sale, as reported by El Comercio Perú. Nestlé’s decision to exit the ice cream sector comes as the company continues to streamline its portfolio and concentrate on areas with higher growth potential.
In Peru, Nestlé acquired D’Onofrio almost three decades ago, a move that signaled the company’s interest in expanding its presence in the Latin American market. Perú Retail reports on the details of the original acquisition.
The global sale of Nestlé’s ice cream business, which includes brands like Häagen-Dazs, is part of a broader restructuring effort. Lapaas Voice details the full exit from the ice cream market. This move allows Nestlé to concentrate resources on its core offerings and adapt to evolving consumer preferences.
