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LONDON (Reuters) -Unilever said on Thursday that its litigation with the independent board of Ben & Jerry’s over the sale of its Israeli ice cream business has “been resolved”.
The company did not provide details of how the litigation had been resolved.
Unilever (NYSE:UL) in June sold its Ben & Jerry’s ice cream business in Israel and the West Bank to its local licensee, Avi Zinger, for an undisclosed sum. The next month, Ben & Jerry’s filed a lawsuit against a Unilever subsidiary to try to block the sale.
The Vermont-based ice cream brand said last year it no longer wanted to sell its products in the occupied West Bank because it was inconsistent with its values. Ben & Jerry’s products have been for sale in Israel for decades.
In an updated lawsuit filed in September, Ben & Jerry’s said it was seeking damages and wanted the trademarks returned. The company also asked a judge to stop Zinger from selling the ice cream in the West Bank.
Ben & Jerry’s declined to comment and Ben & Jerry’s independent board did not immediately respond to a request for comment.
“I am pleased that the litigation between Unilever and the independent Board of Ben & Jerrys has been resolved,” Avi Zinger said in a statement on Thursday.
“There is no change to the agreement I made with Unilever earlier in the year. I look forward to continuing to produce and sell the great tasting Ben & Jerry’s ice cream under the Hebrew and Arabic trademarks throughout Israel and the West Bank long into the future.”
