The value of the purchase agreement for Diplom-Is, the ice cream manufacturer, wasn't disclosed.
Unilever said Diplom-Is has a strong position in the out-of-home segment, such as amusement parks and ice cream bars, allowing Unilever to expand its ice cream offering and deepen its foothold in the Danish ice cream market.
Unilever's ice cream presence in Denmark dates back to 1930.Unilever is also expected to announce on Wednesday a multimillion-dollar investment in San Francisco-based algae-oil harvester Solazyme, according to the Wall Street Journal.
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