Colombo-based food retailer and supermarket chain owner Cargills (Ceylon) Ltd has expressed formal interest in buying the assets of a Wall’s ice cream factory.
The company initiated legal documentation to purchase buy the site from Unilever Ceylon, which is up for sale valued at 1bn Sri Lanka rupees (US$10.7m).
Cargills has not revealed whether the buyout would also involve a bid for the Wall’s brand.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
