ShareIIR member news: Nestle invests in ice cream
Nestle S.A. has invested USD 29.1 million to expand its ice cream plant in Egypt.
Nestle S.A. has invested USD 29.1 million to expand its ice cream plant in Egypt in a move the company said will allow it to meet growing demand for its Nestle and Dolce brands.
Nestle said it distributes ice cream made at the plant locally, as well as to northeast Africa and to countries such as Jordan, Libya, Lebanon and Tunisia.
Super premium products made at the plant, including the Movenpick brand, are exported to Malaysia.
Nestle said it distributes ice cream made at the plant locally, as well as to northeast Africa and to countries such as Jordan, Libya, Lebanon and Tunisia.
Super premium products made at the plant, including the Movenpick brand, are exported to Malaysia.