Nestlé Canada today announced it will wind down and exit of its frozen meals and pizza business over the next six months in Canada.
The company says its decision is driven by the company’s strategy to focus on categories that support long-term business growth and allow for reinvestment in portfolio lines. This includes Confectionery, Coffee and Beverages, Ice Cream, Infant Foods and Supplements, Health Science products, Foodservice, Premium Waters and Pet Food.
The following product lines that will be impacted include:
- Lean Cuisine
- Life Cuisine
Nestlé Canada does not have a factory in Canada that manufactures any of its Frozen Meals or Pizza products. The company says it will work with its retail partners to facilitate the exit of the affected products.
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