Froneri to acquire Tip Top ice cream business from Fonterra for $250m
Froneri acquisition of Tip Top : Global ice cream manufacturer Froneri has agreed to acquire Tip Top, a New Zealand ice cream brand, from dairy giant Fonterra for NZ$380 million ($250.3 million). Founded in 1936, Tip Top came under the ownership of Fonterra in 2001 as part of its acquisition of Peter and Browne’s foods […]