A PYMNTS Company

UK: Unilever snaps up ice cream maker Weis

By  |  August 13, 2017

Global food giant Unilever has snapped up Australian ice cream company Weis, the family-run producer of the iconic Mango and Cream Bar.

The Dutch-British consumer goods company said on Wednesday it had entered into a definitive agreement to acquire the Queensland company.

Unilever already owns the Streets ice cream and more than 400 other consumer brands from around the world, including Lipton, Bushells, Dove, Rexona and Ben & Jerry’s.

Les Weis founded Weis in Toowoomba, Queensland, in 1957, and plied local movie-goers with his “Fruito Bars.”

Full Content: Global Competition Review

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