ZURICH (Reuters) - German food company Frosta (>> FRoSTA AG) said on Monday it was talking to KitKat maker Nestle (>> Nestle SA) about buying its Italian frozen food business.

Frosta has entered exclusive negotiations to buy the business, which includes the brands La Valle Degli Orti, Mare Fresco and Surgela, the Bremerhaven-based company said.

"In the framework of the exclusivity Frosta is currently examining whether such an investment would be beneficial for the company," it said in a statement.

(Reporting by John Revill)

Stocks treated in this article : FRoSTA AG, Nestle SA