Tip Top: Fonterra set to offload iconic ice cream brand for $380m

Fonterra has agreed to sell its iconic ice cream business Tip Top to global ice cream company Froneri for $380 million. CEO Miles Hurrell described the announcement as 'a bittersweet moment for Fonterra', which acquired the New Zealand business in 2001. "Since we took ownership of Tip Top in 2001, a lot of work has [...]The post Fonterra set to offload iconic ice cream brand for $380m appeared first on Australian Manufacturing.