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Do They Still Make Tip Top?

Maya Lin-Takahashi • • 6 min read
Do They Still Make Tip Top?

In 2011 Tip Top celebrated its 75th Anniversary. In 2019 Fonterra sold Tip Top for $380 million to UK-based company Froneri, a joint venture owned by Nestlé and PAI Partners.

Has Tip Top been sold?

(Reuters) - Dairy group Fonterra on Monday confirmed the sale of its New Zealand Tip Top ice cream business to UK-based Froneri for NZ$380 million ($250.3 million), as it looks to trim its portfolio and focus on international markets.

Did Fonterra sell Tip Top?

New Zealand's iconic ice cream company has a new owner, after global ice cream company Froneri today purchased Tip Top from Fonterra for $380 million. Fonterra CEO Miles Hurrell confirmed the sale, saying it was a bittersweet moment for Fonterra.

Maya Lin-Takahashi
Author

Maya Lin-Takahashi

Maya is a hardware enthusiast who tests and reviews smart home devices, smartphones, wearables, and audio gear. She focuses on practical consumer value and build quality.