Nestle France in talks to sell Caudry plant to Italpizza

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Nestle's logo is seen at a plant in Konolfingen, Switzerland

Nestle’s logo is seen at a plant in Konolfingen, Switzerland, Sept. 28, 2020. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights

PARIS, Nov 13 (Reuters) – Nestle France, the French arm of Swiss packaged-food giant Nestle (NESN.S), has entered exclusive talks to sell its plant in Caudry, northern France, to Italian group Italpizza.

The deal could be finalised by early 2024, the statement said.

Nestle France announced in March that it was closing the frozen-pizza factory that suffered a sharp decline in sales after an E.coli outbreak last year.

Reporting by Dominique Vidalon
Editing by David Goodman

Our Standards: The Thomson Reuters Trust Principles.

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