Unilever Acquires Leading Russian Ice Cream Company Inmarko
The acquisition will further strengthen Unilever's position as the world's number one ice cream business. It will also strengthen Unilever's portfolio and competitive position in Russia, one of its priority countries.Inmarko, established in 1991, is the
leading ice cream company in Russia, with a turnover of approximately
€115m in 2007. The company has a strong brand and product portfolio
with clear market leadership in Central and Eastern Russia and a
fast-growing business across all regions of the Russian Federation
and Kazakhstan. It has an extensive supply chain network including
three factories in Novosibirsk, Omsk and Tula, and currently employs
more than 4,500 people.
The transaction is subject to
regulatory approval and is expected to be completed in the first half
of 2008.
Related news
Related news
Media Markt and Saturn may fall into Chinese hands
One of Europe’s best-known electronics store chains could have a…
Read more >LVMH’s six-month profit falls 22 percent, revenue falls 4 percent
LVMH Moët Hennessy Louis Vuitton SA, the world’s largest luxury…
Read more >Consumer Protection Authority: Family Frost recalled quick-frozen potato croquettes
Family Frost Ltd. has recalled pre-baked, quick-frozen potato croquettes due…
Read more >