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wells acquires halo top

wells acquires halo top

This purchase marks the fifth brand under Wells’ current portfolio. Halo Top produces ice cream with 280-360 calories per pint and 20 grams of protein. An at once an all-inclusive guide to the meaning of hundreds of technical terms and ideas needed for ice cream manufacturing, as well as a practical introduction to the ingredients, freezing methods, flavoring, and packaging of ice cream, sherbet, sorbet, gelato, frozen yogurts, novelties and many other kinds of frozen desserts. Read our response here. On Monday, September 9, the Le Mars, Iowa, company announced it has signed a purchase agreement with Eden Creamery, LLC to acquire … We feel it is a good fit for the Wells portfolio as we look to broaden our offerings for consumers,” explained Mike Wells, CEO and President. Halo Top. “Halo Top met a consumer need that no one else in the category was serving. LE MARS — Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC, to acquire the Halo Top® brand. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. Wells, described as the largest privately held, family-owned ice cream manufacturer in the USA, has announced it has acquired the Halo Top brand from Eden Creamery. Halo Top acquired by Wells Enterprises. Pricing . … “Wells has been making ice cream products for over 100 years. By Simon Harvey | 10 September 2019. Halo Top, the US ice-cream brand that has shaken up the category on both sides of the Atlantic with its low-calorie fare, has a new owner. Try Pro free Solutions. The sale is expected to be completed in September, subject to standard closing conditions. Summary Financials People Technology Signals & News. Financial terms of the deal are not being disclosed. Acquired Organization: Halo Top Halo Top offers ice cream for just 280-360 calories per PINT. 31st October 2019. The purchase expands Wells’ current portfolio to five distinct brands, the company said. I want to hear from you. ON DEMAND: Join us for a webinar that takes a look at emerging trends, growth drivers and opportunities in the ice cream segment. June 6, 2012 Halo Top met a consumer need that no one else in the category was serving. We have the sales and marketing expertise, but more importantly the passion, to help grow this brand even further. We love ice cream and will leverage Halo Top’s brand equity and awareness to help grow it.”. Our Story Contact Us Press Gingerbread House is Back. Read More. UK startup Strong Roots received $18 million in funding to expand its frozen vegetable products into the U.S. Plant-based dairy maker Kite Hill has raised $15 million, bringing total funding to $80 million. Blue Bunny Maker to Acquire Halo Top. All Rights Reserved BNP Media. Wells Enterprises of Le Mars has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top brand. In connection with the purchase, Wells agreed to license the Halo Top … By visiting this website, certain cookies have already been set, which you may delete and block. to acquire the … Low-sugar, high-protein frozen phenomenon that briefly captured an outsize share of the frozen dairy aisle, Halo Top manufacturer Eden Creamery has been sold to Ice Cream manufacturer Wells Enterprises, Inc. Low-cal ice cream brand Halo Top has been acquired by Wells Enterprises, the US’s largest privately held ice cream manufacturer. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. The Eden Creamery brand was snapped up for an undisclosed amount, with the deal expected to complete this month. Acquiring Organization: Wells … Save. The … Acquisition. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. LE MARS, Iowa--(BUSINESS WIRE)--Wells Enterprises, Inc. has acquired Fieldbrook Foods headquartered in Dunkirk, New York, from Arbor Investments … Search Crunchbase. Halo Top, the US ice-cream business acquired by larger peer Wells Enterprises earlier this year, is to shut a domestic factory. Packaging sustainability is an important purchasing decision driver for many consumers. Close within the month the next 30 days ; Artisanal ice cream 280-360! Inc. has entered into a purchase agreement with Eden Creamery, LLC to acquire Halo..., but more importantly the passion, to acquire Halo Top is light ice cream just. Work and uses other cookies to help grow this brand even further our Story Contact Us Gingerbread. Agreement to acquire its “ Halo Top from Eden Creamery, LLC in September, to. And we 're taking COVID-19 very seriously, Blue Ribbon Classics and Chilly Cow,... 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