Nestlé Canada shuts down frozen meals and pizza business
By Food in Canada StaffBusiness Operations Editor pick Nestlé Canada
Nestlé Canada plans to wind down its frozen meals and pizza business over the next six months.
This decision is driven by the company’s decision to focus on categories that support long-term business growth and allow for reinvestment in portfolio lines. This includes confectionery, coffee and beverages, ice cream, infant foods and supplements, health science products, food service, premium waters and pet food.
“Nestlé Canada attributes much of its long-term success to its ability to adapt and evolve within the industry. This decision enables us to further invest in priority categories. We remain open to enhancing our portfolio where it makes sense for our business,” said John Carmichael, president and CEO, Nestlé Canada.
The following product lines that will be affected:
- Lean Cuisine
- Life Cuisine
Nestlé Canada does not have a factory in Canada that manufactures any of its frozen meals or oizza products. The company will work with its retail partners to facilitate the exit of the affected products.
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