Manitowoc has agreed to sell its ice-making business for $160 million to investment firm Warburg Pincus to satisfy U.S. and European regulators as part of its purchase of Enodis PLC. Former Nestle President of Sales Mike Mitchell has been appointed president/CEO of Dreyer's Grand Ice Cream. A former president/general manager of Nestle USA Beverage Division, he joined Nestle Beverage in 1991 and was named senior vice president of sales for Nestle Foodservices in 1995. Asian frozen foods ...
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