Wells Enterprises acquires rival ice cream producer Fieldbrook Foods
Wells Enterprises acquisition of Fieldbrook Foods : Wells Enterprises, the manufacturer of the Blue Bunny ice cream brand, has acquired US ice cream producer Fieldbrook Foods from Arbor Investments for an undisclosed price.
With the acquisition, Wells Enterprises will establish its presence on the East Coast and expand its current manufacturing capacity. The company will also get to diversify its ability to support customers geographically to help address future demand.
Headquartered in Dunkirk New York, Fieldbrook Foods is a private label/contract manufacturer. The ice cream producer, which makes frozen novelty and ice cream products, has manufacturing plants in Dunkirk and Lakewood in New Jersey.
Fieldbrook Foods manufactures ice cream sandwiches, cups, cones, and stick novelties, which are sold across all 50 US states and Puerto Rico. The ice cream producer was acquired by Arbor Investments in 2010 and since then had gone on to acquire Mister Cookie Face and Washburn Dairy.
Fieldbrook Foods with 29 production lines is said to be capable of producing more than 120 million dozen frozen novelties and 25 million gallons of ice cream a year.
Fieldbrook CEO Robin Galloway said: “With a relentless focus on customer service, we’re honored to be the partner of choice for so many leading retailers and branded food companies. I am extremely proud of our team for the significant operational improvements and measurable results we were able to achieve.”
The Iowa-based Wells Enterprises, which claims to be the no.3 ice cream manufacturer in the US, said that Fieldbrook Foods’ business is highly complementary to it.
Commenting on Wells Enterprises acquisition of Fieldbrook Foods, Mike Wells – CEO, and president of Wells Enterprises said: “The combination creates a stronger platform for growth and positions us to better serve our customers, as well as providing a more geographically diverse footprint for us. We’re excited about the future and growing our business together.”
Wells and Fieldbrook Foods together will produce nearly 200 million gallons of ice cream and will have a workforce of more than 3,800 people.