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Pure Ice Cream signs agreement to raise annual production capacity by 300% with AED 80 million hub at Dubai Industrial City

Oct 22, 2024over 1 year ago

Contract Type

agreement

DubaiManufacturingFood and BeverageRetail

Description

Pure Ice Cream has signed an agreement to establish a production facility representing an AED 80 million investment at Dubai Industrial City, with the aim of raising its annual production capacity by 300%. The facility, expected to be one of the UAE's largest ice cream factories upon launch in 2026, will expand Pure Ice Cream's annual capacity to 30 million litres, supporting its plan to expand its regional and international footprint as well as fortify its presence in the UAE's F&B market.

Company Information

Company

Pure Ice Cream

Location

Dubai, United Arab Emirates

About

Pure Ice Cream is a UAE-based manufacturer of brands such as Kwality Ice Creams and Hershey's Ice Cream. It is the flagship brand of the company and is distributed across more than 8,000 retail outlets in the UAE as well as to neighbouring countries in the GCC and African markets.

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Based on industry data
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months