Production is set to increase from 70 million products to 350 million products annually once the new extension is fully operational in 2013. Products include pizzas such as reduced fat, wholegrain, lactose-free and organic varieties which are produced without flavourings or additives.
Nestlé added brands DiGiorno, Tombstone, California Pizza Kitchen, Jack’s and Delissio to its portfolio in the US and Canada, after acquiring Kraft Foods’ frozen pizza business last year.
Nestlé entered a joint venture with Wagner in 2005 and increased its stake in the company to 74% in 2010. Nestlé also bought the Buitoni pizza, pasta and sauce business in 1988.
Wagner’s turnover has increased by 51% since it partnered with Nestlé.
Gottfried Hares, MD for Wagner, said: “Nestlé has proven to be the ideal partner to develop our business worldwide and to develop it in new markets. Today we are one of the largest manufacturers of frozen pizzas in Europe.”
Source: Nestlé
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