Add-on Acquisition • Food

Unilever Acquires Ingman Ice Cream Oy Ab

On December 20, 2011, Unilever acquired food company Ingman Ice Cream Oy Ab

Acquisition Context
  • This is Unilever’s 5th transaction in the Food sector.
  • This is Unilever’s 1st transaction in Finland.

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M&A Deal Summary

Date December 20, 2011
Target Ingman Ice Cream Oy Ab
Sector Food
Buyer(s) Unilever
Deal Type Add-on Acquisition

Target Company

Ingman Ice Cream Oy Ab

Söderkulla, Finland
The Ingman Ice Cream Group is a 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.
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Buyer Overview 1

Buyer

Unilever

London, United Kingdom

Category Company
Founded 1894
Sector Consumer Products
Employees115,964
Revenue 60.8B EUR (2024)
DESCRIPTION

Unilever is a multinational consumer goods company. Its products include food, beverages, cleaning goods and personal care products. Unilever was founded in 1894 and is based in London, United Kingdom.


Deal Context for Buyer #
Overall 12 of 46
Sector: Food 5 of 12
Type: Add-on Acquisition 8 of 36
Country: Finland 1 of 1
Year: 2011 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-06 Concern Kalina OAO

Yekaterinburg, Russia

Concern Kalina is one of the major Russian personal care manufacturers offering a wide spread of products to its consumers in Russia and the CIS. Concern Kalina works to build the major brands in Beauty sectors of the market. Key pillars to success of the corporate strategy have been consumer-centric marketing, focus on fastest-growing products and growth across key categories and geographies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-30 Unilever - Bertolli and P.F.Home Menu Frozen Meals Business Units

United States

Unilever PLC's Bertolli and P.F.Home Menu Frozen Meals Business Units manufacture frozen meals under the brand names Bertolli and P.F. Chang’s.

Sell $265M

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