Boutique ice cream maker Holy Moly has picked a fight with industry giant Fonterra, claiming it has copied its donut-flavoured ice cream.
Holy Moly says the flavour will form part of a range of “crammed” ice creams Fonterra’s subsidiary Tip Top plans to launch this month.
Fonterra has denied the allegations.
But Holy Moly general manager James Oliver says Fonterra contacted his business about their ice cream early this year and shortly afterwards someone using a Fonterra credit card bought all the Holy Moly ice cream in a Ponsonby outlet.
The ice cream war has surfaced just as Fonterra prepares to give outside investors exposure to its $20 billion dairy business and retain capital to allow it to pursue growth in Asia, particularly China and India.
For the full story of the ice cream war read today’s National Business Review print edition.
This article is tagged with the following keywords. Find out more about MyNBR Tags
- Warminger stood to gain significant bonus, court hears
- Sky will take a gamble and put Westworld, aka 'the next Game of Thrones' on Neon
- Milford fund manager faces 10 causes of action
- Mortgage rates have bottomed, regardless of further OCR cuts
- Unitary Plan appeals could clog courts for more than a year
Most listened to
- FMA counsel Justin Smith QC described Mr Warminger’s background and the pressure he was under to perform
- Media Snapchat: NBR’s Nick Grant ponders the Human Rights Commission’s role in RHOAKL racism row
- ASB's Jane Turner discusses what's behind NZ's widest month trade deficit
- Kathmandu's Xavier Simonet and Reuben Casey talk through the retailer's results.
- BNZ's Kymberly Martin and Massey University's David Tripe on mortgage rates.