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  • ABOUT
    • Gama
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    • Gama Field Services
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  • CATEGORIES
    • Food
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Betty Ice

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1 MIN READ

UK: Unilever to acquire Romanian ice-cream maker Betty Ice

February 1, 2018
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Europe, Food, Mergers & Acquisitions

Multinational consumer goods firm Unilever has signed an agreement to acquire Romanian ice-cream producer Betty Ice for an undisclosed amount. Founded in 1994 by entrepreneur Vasile Armenean and with a total turnover of €30 million ($37 million), Betty Ice operates a manufacturing facility in Suceava as well as more than 180 ice-cream kiosks, employing 760 workers in Romania. Betty Ice sells ice cream positioned as standard, premium and super-premium with …

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