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Froneri International Limited
Froneri is the world's largest standalone ice cream manufacturer, operating factories on six continents with brands like Häagen-Dazs, Oreo, and Drumstick.
Froneri International Limited
Froneri manufactures and distributes ice cream through a global network of factories and license agreements. The company's branded portfolio includes Häagen-Dazs, Oreo, Drumstick, Nuii, Cadbury, Milka, Extrême, Outshine, Rowntree's, Connoisseur, Kāpiti, Peters, and Mövenpick — the majority licensed from Nestlé, Mondelēz, and Lotus Bakeries (per firm website). It operates state-of-the-art factories on six continents. Strategically, Froneri focuses on the premium and snacking segments of the ice cream category. The company pursues both organic growth through brand innovation and bolt-on acquisitions — for example, it agreed in October 2025 to acquire Food Union's ice cream business and in December 2024 to acquire CRUFI Uruguay (per firm news, 2025 and 2024). Its geographic footprint spans Europe, North America, Latin America, Africa, Asia, and Oceania. Froneri employs over 15,000 people worldwide (per firm website). The company is headquartered in the UK. The CEO as of June 2024 is Phil Griffin, succeeding Ibrahim Najafi (per firm news, June 2024). The firm has issued €500 million in senior secured notes as of January 2026 (per firm news, January 2026). Froneri is structured as a joint venture between Nestlé, which contributes its global ice cream brands and manufacturing assets, and PAI Partners, a European private equity firm. This hybrid structure — part operating company, part PE-backed carve-out — gives it both the scale of a multinational CPG and the flexibility of an independent platform.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
—
Corporate office
United Kingdom
Principals
Phil Griffin
Chief Executive Officer
Ivar Blanken
Chief Financial Officer
Chontelle Wright
Group General Counsel
Heidi Zuber
Group Head of HR
Luca Regano
Group Head of Marketing
Pietro Monaco
Group Head of Operations
Mark Paolucci
Group Head of Commercial
Rob Griffin
Group Head of IS & IT
Chris Bird
Group Head of Supply Chain
Frequently asked questions
Who owns Froneri?
Froneri is a joint venture between Nestlé and the European private equity firm PAI Partners. Nestlé contributed its global ice cream brands and manufacturing operations. PAI Partners provided capital and investment oversight.
What brands does Froneri manufacture?
Froneri's portfolio includes Häagen-Dazs, Oreo, Drumstick, Nuii, Cadbury, Milka, Extrême, Outshine, Rowntree's, Mövenpick, Connoisseur, Kāpiti, and Peters (per firm website). Most of these brands are licensed from Nestlé, Mondelēz International, and Lotus Bakeries.
Where does Froneri operate?
Froneri operates factories on six continents: Europe, North America, South America, Africa, Asia, and Oceania. The firm states it is the No. 1 or No. 2 player in the majority of markets where it competes (per firm website).
Does Froneri have a pure-play investor structure?
No. Froneri is an operating company, not an investment fund. It manufactures and sells ice cream through its own factories and supply chain. PAI Partners is a financial sponsor, but the entity itself is an FMCG operating business.
How does Froneri grow?
Froneri grows through organic brand innovation, geographic expansion, and selective acquisitions. Recent deals include the acquisition of Food Union's ice cream business (agreed October 2025) and CRUFI Uruguay (December 2024). The firm also expands brand partnerships: in March 2025, it announced an expanded ice cream partnership with Mondelēz International and Lotus Bakeries.
Who leads Froneri?
Phil Griffin is Chief Executive Officer, effective June 2024, succeeding Ibrahim Najafi (per firm news, June 2024). The executive team also includes CFO Ivar Blanken, Group General Counsel Chontelle Wright, and other functional heads disclosed on the firm's website.
Is Froneri rated or publicly listed?
Froneri is not publicly listed. It is a private limited company incorporated in the UK. The firm has issued senior secured notes; in January 2026 it announced the successful pricing of a €500,000,000 Senior Secured Notes offering (per firm news, January 2026).
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