Italy: Nestle to sell confectionery brands
Nestle, the FMCG multinational, has announced that it is rearranging its confectionery business in Italy, including the sale of six of its brands to the Italian-based sweets firm Fida. The brands changing hands are Rosanna, Fondenti, Glacia, Fruttallegre, Lemoncella and Spicchi. The deal comes only three months after Nestle announced plans for a €60 million […]