An employee fills an ice cream cone at the Häagen-Dazs shop opening in Sylt, Germany in 2015. - Franziska Krug/Getty ImagesNestlé has thawed on ice cream. The world’s biggest food and drinks maker said Thursday that it was in “advanced negotiations” to sell its remaining ice cream business to its joint venture partner, Froneri. “We cannot drive (growth) the same way that Froneri can.”Froneri was created a decade ago by Nestlé and UK ice cream maker R&R. Unilever spun off its ice cream unit in December, creating the largest ice cream business in the world — The Magnum Ice Cream Company — because it wanted to focus on fewer products.

Source: CNN February 19, 2026 12:25 UTC