Unilever Acquires Russian Ice Cream Firm

  • February 6, 2008
Unilever Tuesday announced that it has signed an agreement to acquire Russian ice cream company Inmarko for an undisclosed amount.

The acquisition will further strengthen Unilever's position as the world's No. 1 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 $170 million 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.

--Nina M. Lentini

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