TMICC Scoops Majority Stake in Kwality Wall’s, Bets Big on India’s Ice Cream Growth
The Magnum Ice Cream Company (TMICC) has completed the acquisition of a 61.9% equity stake in Kwality Wall’s (India) Limited (KWIL), marking a significant move to strengthen its presence in India’s fast-growing ice cream market. The transaction follows a Share Purchase Agreement signed with Unilever in June 2025. Post-acquisition, KWIL will continue to remain listed … Read more