View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
July 18, 2019

Nestle sells unit in Uzbekistan to Lactalis

Nestlé has sold a business in Central Asia to another of the world's largest dairy companies, it has been announced.

By Dean Best

Nestlé has sold its dairy and bottled-water business in the Central Asian nation of Uzbekistan to Lactalis, the France-based dairy giant.

The assets comprise two plants in Namangan, a city in the east of Uzbekistan. After the deal – for which financial terms were not disclosed – is closed Nestlé is to strike a licensing agreement with Lactalis for the Swiss giant’s Nesquik and Nido ready-to-drink dairy brands, as well as bottled-water brand Nestlé Pure Life in Uzbekistan.

Martial Rolland, the market head for Nestlé’s businesses in Russia and Eurasia, said: “We continue to be committed to supply consumers with high-quality products and further grow our brands in Uzbekistan. Lactalis is one of the worldwide leaders in dairy and we are pleased to have found a strong partner for our dairy and water brands in Uzbekistan.”

Nestlé said it will continue to market products in Uzbekistan in categories including confectionery, infant nutrition and coffee.

Lactalis could not be reached for immediate comment outside usual office hours in France.

Related Companies

Topics in this article: , ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every other month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU