Kwality Wall's India Acquired by Magnum Ice Cream Company | Consumer M&A Deal

Magnum Ice Cream Company has completed the acquisition of Kwality Wall's India, a consumer brands dtc business in India, for $X. Magnum Ice Cream Company acquires Kwality Wall's India to expand its consumer M&A footprint in the ice cream and packaged desserts market. Kwality Wall's India operates consumer brands dtc channels and supports distribution across Indian cities, strengthening Magnum Ice Cream Company acquisitions in the region. The add on acquisition is structured as a 61.9% strategic acquisition, classified as an add on acquisition and closed, with deal size undisclosed.