Unilever has agreed to buy Betty Ice, the largest ice cream brand in Romania, as the consumer goods giant bulks up what is already the world’s largest ice cream business.
This is the latest in a string of ice cream deals, which includes Talenti Gelato in 2014 and Grom in 2015.
Unilever, maker of Wall’s and Ben Jerry’s ice cream, saw its ice cream business in the United States suffer in 2017 from start-up Halo Top, which took market share with its low-calorie offering.
It did not disclose terms of the deal.
By Martinne Geller
Source: Reuters
Consumer healthcare firm Haleon has appointed Tate & Lyle executive Dawn Allen as its new chief financial officer, effective 1 November 2024. Allen will succeed Tobias Hestler, who has decided to step down from the role, citing a long-term health condition, the company said.
The group said that the bottling line, which adds 6,500 square metres to the existing 60,700-square-metre site, is the next necessary stage in the company’s international development. The leading brand in Campari Group’s global sales, demand for the Italian bitter apéritif has grown by 500% in the last decade.
The partnership will see Coca-Cola adopt new technology to foster innovation and productivity globally. Through the deal, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities.
