Nestle invests in ice cream

by Eric Schroeder
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VEVEY, SWITZERLAND — Nestle S.A. has invested 26 million Swiss francs ($29.1 million) to expand its ice cream plant in Egypt in a move the company said will allow it to meet growing demand for its Nestle and Dolce brands.

Nestle said it distributes ice cream made at the plant locally, as well as to northeast Africa and to countries such as Jordan, Libya, Lebanon and Tunisia. Super premium products made at the plant, including the Movenpick brand, are exported to Malaysia, Nestle said.

Nestle began making ice cream in Egypt in 1988 when it acquired Cairo-based Industrie Du Froid company and its Kimo ice cream brand. The company later acquired Dolce Co. for Food Industries.

Long-term plans for the plant include the addition of mixing, processing, chocolate coating and cone filling equipment, Nestle said.
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