The Ice Cream Factory is an international food & beverage company specialized in the development, manufacture and commercialization of ice-creams.
Type of Operation
Portobello Secondary Fund I
Jul 2015 / Exit date: May 2019
Present in 19 countries and manufacturing over 150 million units a year, ICFC is the market leader with more than 40% market share in Spain.
Why did we invest in The Ice Cream Factory?
- Uncorrelated growth: Growing market: private label increasing share in Spain and Italy.
- Quantitative leaps:
- Internationalisation potential – France and Italy.
- Co-branding opportunities
- Industry Leader: Market leader – 40% market share in Spain.
- Strong entry barriers.