Froneri is a U.K.-headquartered and leading manufacturer of ice cream with global sales. The company is jointly owned by Nestle Worldwide and R&R Ice Cream.
SaverOne CEO Ori Gilboa, commented, “We are delighted that Froneri, an early customer of ours, is expanding its use of the SaverOne System across its entire fleet in Israel. This is a strong testament to the effectiveness and reliability of our technology in enhancing the safety of their employees and preventing accidents caused by driver distraction within Froneri’s fleet over the past three years. We look forward to expanding our partnership with Froneri, with the goal of broadening sales to some of their other subsidiaries around the world.”
SVRE shares lost 1.3 cents, or 6.1%, to 21 cents.