Froneri is a new global ice cream company. Combining the success of Nestlé, the world’s largest food manufacturer, and R&R, a leading ice cream company, Froneri brings together decades of business and manufacturing expertise.
The Froneri story is a great example of PAI’s belief in partnering with talented leadership teams to help grow and transform companies.
R&R Ice Cream: a European player focused on private label
In July 2013, PAI acquired R&R, the second largest ice cream manufacturer in Europe. At the time, the company manufactured a broad range of primarily private-label ice cream products across the UK, France, Italy and Germany.
We acquired R&R with a view to expansion, leveraging our strong expertise in the Food & Consumer sector and experience in developing international businesses. From day one, we believed in our ability to transform R&R from a European company focused solely on private-label products into one of the world’s leading ice cream players.