Nestlé Canada, the market leader in the food and beverage sector has announced plans to wind down and depart its Frozen Meals & Pizza business in Canada over the next six months. Affected product lines include Delisio, Stouffer’s, Lean Cuisine, and Life Cuisine.
This choice was made in accordance with the company’s long-term business growth goal and ability to reinvest in portfolio lines. Among these are pet food, infant foods and supplements, ice cream, coffee and beverages, confectionery, health science goods, foodservice, premium waters, and ice cream.
Nestlé Canada does not have a factory in Canada that manufactures any of its Frozen Meals or Pizza products. To make it easier for the affected products to be discontinued, the corporation will cooperate with its retail partners.
“Nestlé Canada attributes much of its long-term success to its ability to adapt and evolve within the industry. This decision enables us to further invest in priority categories. We remain open to enhancing our portfolio where it makes sense for our business,” said John Carmichael, president and CEO, Nestlé Canada. “We look forward to continuing to offer Canadians great Nestlé products now, and in the future.”
Find out more at: https://www.corporate.nestle.ca/en