Archive · 25 Jun 2025
NIC Ice Creams Parent Acquires Meemee’s to Expand Dessert Reach
Walko, the company that owns NIC Ice Creams, bought Meemee's Ice Creams.
This means Walko is now selling Meemee's unique desserts like Toasties and Ice Cream Cakes.
Walko wants to sell these treats in cities and directly to customers.
The ice cream business in India is very big and growing quickly.
Walko hopes this deal will help them make more desserts and sell them all over India.
Walko Food Company acquired Meemee’s Ice Creams.
The acquisition marks Walko's entry into the artisanal dessert segment.
Meemee’s products include Toasties, Ice Cream Cakes, Roley’s, and Tubsters.
Walko aims to expand into urban markets and D2C channels.
India's ice cream industry is estimated at Rs 44,000 crore with 11% annual growth.
- Who
- Walko Food Company (parent of NIC Ice Creams) acquired Meemee’s Ice Creams
- What
- Walko Food Company acquired Meemee’s Ice Creams
- When
- Not specified in the article
- Where
- India
- Why
- To expand into the artisanal dessert market and urban markets, and leverage Meemee’s innovation.
- Acquirer
- Walko Food Company
- Acquired
- Meemee’s Ice Creams
- Industry
- Ice Cream/Frozen Desserts
- Primary Brands
- NIC Ice Creams (Walko), Meemee’s Ice Creams
- Market
- India
- Deal Goal
- Entry into Artisanal Dessert Market
- Industry Value
- Rs 44,000 crore