Magnum Ice Cream Completes Kwality Wall’s India Stake

Magnum Ice Cream Company has completed its acquisition of a 61.9% stake in Kwality Wall’s India. The deal is described as an add-on transaction, and the article does not disclose financial terms.

Kwality Wall’s India is positioned within the consumer brands and DTC-style category, while Magnum Ice Cream Company is the strategic buyer completing the majority stake acquisition.