EASTBUSINESS.ORG/June 19, 2007 -- The Romanian branch of Nestle Ice Cream has recently acquired two of its domestic competitors and is looking for more acquisitions on the local market, company representatives have announced.

"We are considering developing domestically by acquiring a smaller domestic producer, which would help us improve our nationwide distribution. We are currently examining two Romanian producers," said Dimitris Zogopoulos, marketing manager of Nestle Ice Cream Romania.

He added that small ice cream producers on the local market could disappear if they do not invest in their businesses, amid increased competition.

Nestlé is a multinational packaged food company founded and headquartered in Switzerland. It was set up in 1866 by Henri Nestlé to provide an infant food product. Several of Nestlé's brands are globally renowned, which made the company a global market leader in many product lines, including milk, chocolate, confectionery, bottled water, coffee, creamer, food seasoning and pet foods.

From the July 2, 2007, Prepared Foods e-Flash