Swiss food giant Nestle said it plans to offload its ice-cream business and consolidate other major areas of its operations around four main categories.
The maker of KitKat chocolate bars and Nescafe coffee on Thursday said it would sell its remaining ice-cream business to its Froneri joint venture.
Nestle said it plans to structure the company around four businesses: coffee, petcare, nutrition, and food, as it integrates the nutrition and health-science divisions into one business.
Chief executive of the health-science unit, Anna Mohl, will leave her position, Nestle said.
The company also said it expects to have offloaded its waters and premium beverages arm by 2027.
Meanwhile, Nestle reported that organic sales accelerated to 3.5% in 2025, compared with analysts' expectations of 3.4%. Sales were 89.49 billion Swiss francs ($115.75 billion) compared with 91.35 billion francs the year before. Analysts had expected 89.69 billion francs.
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