India: Walko Food Company acquires Meemee’s Ice Creams

Walko Food Company, an Indian ice cream and dessert business, has announced the acquisition of domestic peer Meemee’s Ice Creams to extend its reach in urban markets and the direct-to-consumer (D2C) channel.

Founded in 2012, Walko Food Company owns a portfolio of brands including NIC, GrameenKulfi, Café Chokolade, Mimo and Cream Pot, known for their premium ice creams, kulfis, frozen desserts, and thick shakes.

Commenting on the move, Walko Food Company director Raj Bhandari said: “This acquisition is a strategic step towards dessert consumption. As consumer preferences shift toward authenticity and experiential indulgence, Meemee’s youthful energy and innovation-first approach align seamlessly with our vision. With Walko’s pan-India presence, digital-first distribution model and R&D strength, we’re confident to offer an unforgettable dessert experience for the consumers”.

Meemee’s Ice Creams founder Meha Agarwal added: “Partnering with Walko has been an important step for Meemee’s. Walko’s vision and distribution expertise allows us to focus on crafting innovative flavours while reaching freezers and hearts across India, delighting dessert lovers”.

Financial terms of the deal were not disclosed.

Source: Restaurant India