GlacierPoint Enterprises acquires ice cream distributor Marina Ice Cream
GlacierPoint Enterprises, a portfolio company of Mill Point Capital, has acquired Marina Ice Cream Corp., a full-service direct store delivery (DSD) distributor of ice cream and other food and beverage products in the New York Metro region.
The financial terms of the deal were not disclosed by GlacierPoint Enterprises, which is the parent company of E&M Logistics, Panza & Sons, Jack & Jill, Gillette Creamery, and Southern Ice Cream.
Jim Schubauer — GlacierPoint Enterprises CEO and Executive Chairman said: “The addition of Marina to the GlacierPoint platform is truly transformative, providing a new and highly complementary product portfolio to GlacierPoint’s existing New York Metro area footprint.
“We are now positioned to further elevate our exceptional level of both customer service and vendor loyalty, the hallmarks of GlacierPoint’s operating philosophy.”
Established in 1983, Marina Ice Cream Corp. is the exclusive DSD distributor of Unilever ice cream and frozen products along with other brands like Breyer’s, Turkey Hill, and Perry’s among others.
Based in Queens, New York, Marina Ice Cream Corp. caters to grocery store chains, delis, independent supermarkets, convenience store chains, drugstores, and foodservice customers.
Mike Barone, Sr. from Marina Ice Cream Corp. said: “By combining Marina’s and GlacierPoint’s resources and expertise, I am extremely confident the platform will significantly enhance their efficiency in serving customers throughout its New York Metro area footprint.
“My entire family is excited about the combination and the future under GlacierPoint’s ownership.”
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