A PYMNTS Company

UK: Ice cream buyout cleared in time for summer

By  |  July 3, 2013

The UK’s Office of Fair Trading officially cleared a buyout of Frederick’s Dairies by R&R Ice Cream for more than $74 million. Reports say the OFT found no cause for competition concern due to the deal, which was first announced last April. Fredericks is licensed to manufacture ice cream products under brands like Cadbury and Britvic. Since first announcing the deal, R&R has itself been bought out by a France-based private equity firm in a deal estimated at more than $1 billion.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Insider Media

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.