Friday, November 8, 2024

ice-cream

HUL mulls independent ice-cream unit amid Unilever’s global spin-off, sale prospects loom large

News
Hindustan Unilever Ltd (HUL) is considering the possibility of separating its ice-cream business into an independent unit, potentially as a step towards a future sale, according to sources familiar with the situation. This comes after Unilever's recent...

Reliance Retail’s Fresh Signature expands presence in Mumbai with grand opening of new flagship store at Infiniti Mall

News
Fresh Signature, the experiential supermarket chain from Reliance Retail, inaugurated its newest flagship store in Mumbai. This marks the 141st outlet of the upscale chain for the nation's largest retailer. The recently opened store covers an...

PAI Partners mulls divesting share in Nestlé’s Froneri, evaluates market options

News
PAI Partners is said to be considering the possibility of divesting its stake in Froneri, the ice-cream venture it shares with Nestlé. The private-equity firm...

Little Moons expands further: Second factory set to open outside London as global growth continues

News
Little Moons, the UK-based mochi ice cream desserts business, is poised to open its second factory, marking its first plant outside of London. Founded in...

Italian ice-cream giant Sammontana receives €15 Million grant for innovative production line

News
Sammontana, a renowned ice-cream and frozen goods producer headquartered in Italy, has been awarded a generous grant of €15 million ($16.5 million). This substantial...

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