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Glacier announces a €45 million funding round to expand production capacity and accelerate innovation, including investment in new production lines in Italy. This will also support international growth across its operations.
Amount Raised
€45 Million
Round Type
Venture - Series Unknown
Description
Glacier, a European manufacturer of private label ice cream and frozen desserts, has announced a €45 million investment programme. This funding will support two new production lines in Italy and upgrades to cooling facilities in Belgium. The new lines will focus on high demand products, like fruit-based ice creams. Additionally, Glacier plans to create a dedicated innovation centre in Italy for product co-development.
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