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Milkiland divested its non-core ice-cream business

26.04.2011

Kiyv, 26 April, 2011

Milkiland divested its non-core ice-cream business

In line with its policy of streamlining of the product portfolio and focus on strategically attractive market segments Milkiland Group divested its non-core ice-cream production business. The respective ice-cream production equipment, inventories and trade-marks Kashtan, Stolytsa and Kazkove were sold to a local buyer. Ice-cream sales amounted to less than 1% in the revenue of the Group in 2010.