Unilever is to acquire Danish ice-cream business Diplom-Is from Norwegian dairy group Tine.
Tine owns and operates Diplom-Is in Norway, Sweden and Denmark. The transaction will include 30 employees and five distribution centres in the country.
The value of the deal, which is expected to close on 30 September, is undisclosed.
“The acquisition enables Unilever to further strengthen its position in the Danish
ice cream market,” said Jens Voldmester, country lead, Unilever Denmark. “Diplom-Is has a strong position in the out-of-home segment such as amusement parks and ice cream bars, allowing Unilever to provide even greater offerings to customers and consumers.”
Unilever’s brand portfolio in Denmark includes brands such as Magnum, Cornetto and Carte d’Or.