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Riviera Midco SA
Allee Scheffer 43 -45
Luxembourg, 2520  Luxembourg

Business Summary
Riviera Midco SA ("Froneri") is a joint venture being formed by Nestlé SA and PAI Partners, owner of R&R Ice Cream plc. Froneri will operate primarily in Europe, the Middle East (excluding Israel), Argentina, Australia, Brazil, the Philippines and South Africa. The new company will combine Nestlé and R&R’s ice cream activities in the relevant countries and will include Nestlé’s European frozen food business (excluding pizza and retail frozen food in Italy), as well as its chilled dairy business in the Philippines. The JV is expected to be effective on September 30, 2016, at which time which Nestlé and PAI Partners will share equal ownership and board representation.

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Monday, March 25, 2024