Norwegian dairy co-operative Tine has decided against selling its Diplom-Is ice cream unit.
Tine sold parts of Diplom-Is to Unilever last year and this autumn started to examine the future of the rest business and look into a possible complete disposal.
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However, in a statement today (13 December), Tine said its board had “decided not to proceed with this process”.
A spokesperson for Tine declined to comment further when contacted by just-food.
Unilever acquired the Danish part of Diplom-Is last year. The Norwegian unit is one of the country’s two largest ice cream makers.
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