F&N bolsters Nestle tie-up in Indochina market

F&N believes it has strengthened its foothold in the Indochina market by securing these extended rights.

PETALING JAYA: Fraser & Neave Holdings Bhd (F&N) has obtained exclusive rights from Nestle to manufacture, distribute and market Nestle’s Bear Brand sterilised milk products directly to end-consumers in Cambodia.

The contract, which is an extension of its licence agreements originally granted by Nestle in 2007 and subsequently renewed in 2015, was effective as of March 1, 2023 through to 2037.