R&R Ice Cream is looking to invest more than £60m in new acquisitions after a "transformational year".

The company saw turnover grow from £361.8m (€450.8m) to £402m (€501m) while ebitda increased from £51.3m (€63.9m) to £53.1m (€66.2m).

Last year, the Northallerton-based business completed two acquisitions - Piplpa SAS and Dungon Gelato - but still has around £60m (€78m) from its loan note issue in 2010 to invest.

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