Unilever Scoops Up Talenti Gelato Brand

Unilever, the world’s biggest maker of ice cream, acquired Talenti Gelato & Sorbetto to expand its frozen offerings and counter sluggish growth among its mainstream food brands.

Talenti, founded in 2003 and based in Minneapolis, will generate more than $120 million in sales this year from flavors like Blood Orange and Caramel Cookie Crunch, Unilever said today in a statement. Terms of the deal were not disclosed.

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