June 16, 2023
Unilever PLC has agreed to acquire Yasso Holdings Inc., a frozen Greek yogurt brand in the U.S., for an undisclosed sum, according to a press release.
Yasso joins other premium brands in Unilever's ice cream portfolio including Ben & Jerry's, Magnum and Talenti.
"We are excited to join Unilever and become part of the world renowned family of Ice Cream and Novelties brands," Craig Shiesley, CEO of Yasso, said in the press release. "I'm proud of our company growth and we look forward to working with Unilever to expand the global footprint of our incredible brand."
The transaction is expected to close in the third quarter of 2023, subject to regulatory approvals and closing conditions.