Unilever Completes 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.

Dec 21 2011 --- Unilever has confirmed that, further to its announcement on 11th of October 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.

“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 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, continues Henri de Sauvage, Chairman Unilever Nordic.

Ingman Ice Cream will continue its operations as before and under the leadership of Peter Ingman whilst our respective leadership teams will start to learn more about their respective businesses, ways of working and how to best cooperate in the future.

The Ingman Ice Cream Group is a leading domestic manufacturer of ice cream. The brand portfolio includes some well known brands such as Kingis, Jättis and Ingman. The Ingman Ice Cream Group has production units in Sibbo in Finland, Åhus in Sweden, Mazeikiai in Lithuania and Gomel in Belarus. The Group employs around 700 employees and generated sales of €70 million in 2010.