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Froneri has announced plans to acquire the European ice cream operations of Food Union, expanding its footprint across Northern and Eastern Europe.

The proposed transaction, which remains subject to regulatory approval, covers all of Food Union’s European ice cream markets – Denmark, Norway, Estonia, Latvia (excluding its dairy division), Lithuania and Romania – and is expected to close in the coming months.

Food Union’s Latvian dairy operations are not included in the sale and will remain under existing ownership.

Following completion, Food Union’s existing management team will continue to lead the business. Froneri said the acquisition will unlock new growth opportunities and reinforce its commitment to delivering high-quality ice cream to consumers worldwide.

Froneri's CEO, Phil Griffin, said: “Food Union has built a portfolio of locally loved brands which we plan to invest in to further develop the significant potential of the business. We look forward to welcoming the Food Union team to Froneri to support our ambition to be the world’s best ice cream company.”

Food Union's executive chairman, Soren Lauridsen, added: “Froneri is the global benchmark in ice cream, and we’re delighted that our loved brands have found a perfect home with a truly world-class leader".

"Under Froneri’s stewardship, these brands will gain broader reach and the strengths of a global portfolio and capabilities, while preserving the local character and quality consumers love. We look forward to building the next chapter together.”

Financial terms of the deal have not been disclosed.