MOSCOW Oct 11 Consumer goods company Unilever said on Tuesday it had acquired the ice cream
business of Finnish food producer Ingman Group to bulk up its
presence in the frozen snack market.
The company did not disclose financial details of the deal
for Ingman Ice Cream which generated 70 million euros ($95.6
million) of sales last year.
Ingman, whose brands include Kingis and Jattis, has
production facilities in Finland, Sweden, Lithuania and Belarus
and employs 700 staff.
Unilever said it expects to get all the necessary regulatory
approvals at the beginning of 2012.
"Ice cream is a strategically important category and a
leading growth component of Unilever," it said.