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Breaking News

Unilever Completes Ingman Purchase

December 22, 2011
December 22/Helsinki/NewDesignWorld Press Center -- Unilever confirmed that, further to its announcement on October 11, 2011, it has completed the acquisition of Ingman Ice Cream. The acquisition “further strengthens Unilever’s competitive position in Ice Cream and is a perfect complement to Unilever’s existing portfolio of strong brands like Magnum, Cornetto and Carte d´Or,” notes a Unilever release.

“It is with great pride we bring the two businesses together, and it is our strong belief that we together will be able to further develop and build on the skills, expertise and knowledge of Ingman and Unilever, says Peter Ingman, managing director of Ingman Ice Cream.

“Together, we will further strengthen our positions in ice cream, as well as serve our consumers and customers with an even more complete offering. Ingman Ice Cream brings a strong portfolio of locally produced iconic brands and a wide range of non-dairy, soy based and lactose free products which will have a perfect fit with Unilever as well as adding a unique local dimension to Unilever,” continued Henri de Sauvage, chairman of Unilever Nordic.

Ingman Ice Cream will continue its operations as before and under the leadership of Peter Ingman, while the companies’ respective leadership teams will start to learn more about each respective business, ways of working and how to best cooperate in the future.

Ingman Ice Cream employs around 700 employees with production facilities in Sibbo (Finland), Åhus (Sweden), Mazeikiai (Lithuania) and Gomel (Belarus).  

 From the December 22, 2011, Prepared Foods' Daily News.

KEYWORDS: acquisitions Unilever

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