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flag Froneri to buy Food Union’s ice cream units in six European countries, creating a new independent entity.

flag Froneri has agreed to acquire Food Union’s ice cream business across several European countries, including Latvia, Estonia, Lithuania, Romania, Denmark, and Norway, excluding dairy operations. flag The deal, pending regulatory approval, will separate the ice cream division into a new independent entity in Latvia, retaining local brands like Pols, Tio, Ekselence, Karlsons, and Alpin. flag Existing management will remain, and the brands will gain access to Froneri’s global resources while preserving their local identity. flag The transaction does not disclose financial terms and is expected to close in the coming months. flag Food Union’s dairy operations remain unaffected.

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