Fraser & Neave Holdings (F&N), a 60%-owned subsidiary of Fraser and Neave Ltd, has secured a ten-year franchise giving it exclusive rights to make and sell yoghurt products in the Philippines under the “Yoplait” brand name.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

According to a report in the Business Times, F&N signed the sub-franchise agreement with Fraser and Neave (Singapore), a wholly owned subsidiary of Fraser And Neave Ltd.

Under the deal F&N will pay French dairy co-operative Sodiaal a one-off franchise fee of US$400,000 in cash, as well as 3% of the products’ gross turnover as royalties for 10 years.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now