We feel it is a good fit for the Wells portfolio as we look to broaden our offerings for consumers,”, “Wells has been making ice cream products for over 100 years. We have the sales and marketing expertise, but more importantly the passion, to help grow this brand even further. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. In connection with the purchase, Wells also has agreed to license the Halo Top brand outside of the United States and Canada to a new company that Doug Bouton, President & COO of Halo Top, plans to operate after closing. We feel it is a good fit for the Wells portfolio as we look to broaden our offerings for consumers.” Full Story. Business & trade. Wells already manufactures popular dessert brands like Blue Bunny, Bomb Pop and Chilly Cow. We love ice cream and will leverage Halo Top’s brand equity and awareness to help grow it.”. The sale is expected to be completed in September, subject to standard closing conditions. This website requires certain cookies to work and uses other cookies to help you have the best experience. Wells Enterprises is in agreement to acquire Halo Top for an undisclosed amount. Summary. The company is headquartered with two manufacturing plants in Le Mars, Iowa, a manufacturing plant in Dunkirk, a manufacturing plant in Lakewood, N.J., and recently announced the purchase of a manufacturing facility in Henderson, Nev. As the world’s largest manufacturer of ice cream in one location, Wells has made Le Mars the “Ice Cream Capital of the World.”, Today's breaking news and more in your inbox. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. Le Mars, Iowa – September 9, 2019 — Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top® brand. Financial terms of the transaction were not disclosed. Try Pro free Solutions. Halo Top acquired by Wells Enterprises. 2 ice cream manufacturer in the United States with a strong house of brands, including its signature brand, Blue Bunny, along with a private label and co-pack business, “We’re thrilled to join the Wells family,” said Justin Woolverton, founder and CEO of Halo Top. Packaging sustainability is an important purchasing decision driver for many consumers. Copyright ©2020. Halo Top has experienced a meteoric rise in the last few years, and is now category leader of better-for-you frozen desserts in the US. 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. to acquire the Halo Top brand. ACH, a manufacturer of branded cooking oils and baking products, has announced the acquisition of natural and organic food firm Anthony’s Goods for an undisclosed sum. Wells Enterprises, Inc. is the largest privately held, family-owned ice cream manufacturer in the United States. Resources. Le MARS, Iowa -- Gaining a stronger foothold into East Coast markets, Wells Enterprises on Tuesday acquired Fieldbrook Foods, an ice cream manufacturer with plants in New York and New Halo Top is light ice cream that actually tastes like ice cream. The transaction, which is expected to close this month, expands Wells’ portfolio to five ice cream brands. LE MARS, IOWA —Wells Enterprises, Inc. has entered into a purchase agreement with Eden Creamery, L.L.C. Save. “Halo Top disrupted the ice cream category by providing a high protein, low sugar, low calorie dessert that gave consumers a reason to purchase ice cream as a treat again. Halo Top. Products. 2 ice cream manufacturer in the U.S. with a strong house of brands including its signature brand, Blue Bunny®, along with private label and co-pack business. 1. HALO Acquires Logos Your Way Counselor “Top 40” distributor, HALO Branded Solutions announces its acquisition of Logos Your Way, a promotional products distributor based in Centennial, Colorado. Save. Wells Enterprises Inc., with a manufacturing plant in Dunkirk, has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top brand. acquired by Wells Enterprises. On Monday, September 9, the Le Mars, Iowa, company announced it has signed a purchase agreement with Eden Creamery, LLC to acquire … By closing this message or continuing to use our site, you agree to the use of cookies. Simbe has raised $26 million to deploy its inventory robot. Check out the December issue of Dairy Foods, including our profile of our Processor of the Year: Chobani. Halo Top met a consumer need that no one else in the category was serving. Halo Top, the US ice-cream business acquired by larger peer Wells Enterprises earlier this year, is to shut a domestic factory. Halo Top. Wells Enterprises of Le Mars has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top brand. Wells produces more than 200 million gallons of ice cream per year and distributes products in all 50 states. The sale is expected to be completed in September, subject to standard closing conditions. Wells Enterprises produces and markets ice creams and frozen treats in the United States. More to come. Wells acquired Halo Top from Eden Creamery, LLC in September 2019 and has been churning out new products under the brand ever since. (Image) “Halo Top disrupted the ice cream category by providing a high-protein, low-sugar, low-calorie dessert that gave consumers a reason to purchase ice cream as a treat again,” said Mike Wells, Wells’ CEO and president. Wells Enterprises, which owns Blue Bunny ice cream and other frozen treats, is acquiring the Halo Top brand from Eden Creamery for an undisclosed amount. Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top® brand. Read More. While Eden Creamery was looking to sell Halo Top for the past couple of years for as much as $2b, Halo Top’s CEO showed little interest in the brand getting acquired … The sale is expected to be completed in September, Wells said, subject to standard closing conditions. The sale is expected to be completed in September, subject to standard closing conditions. Halo Top Taking On Traditional Ice Cream Brands With New Range Halo Top Introduces Snackable Ice Cream Sticks To The UK Halo Top Challenges Big Brands For Scoop Of Ice-Cream Market LE MARS, Iowa — Wells Enterprises Inc., the maker of Blue Bunny ice cream, has signed a purchase agreement with Eden Creamery LLC, Los Angeles, to acquire its Halo Top ice cream brand. Financial terms of the transaction were not disclosed. On Monday, September 9, the Le Mars, Iowa, company announced it has signed a purchase agreement with Eden Creamery, LLC to acquire the ‘Halo Top’ brand. Wells Enterprises Inc., with a manufacturing plant in Dunkirk, has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top brand. The Eden Creamery brand was snapped up for an undisclosed amount, with the deal expected to complete this month. The Sun Oil Company was producing, transporting, and storing … Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top brand. Blue Bunny maker Wells Enterprise acquired Halo Top for an undisclosed sum to Wells Enterprise. LE MARS — Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC, to acquire the Halo Top® brand. Le Mars, Iowa — Le Mars-based Wells Enterprises has signed a deal with an Idaho dairy to acquire its “Halo Top” brand of ice cream. We have the sales and marketing expertise, but more importantly the passion, to help grow this brand even further. Acquiring Organization: Wells Enterprises Wells Enterprises produces and markets ice creams and frozen treats in the United States. Read more. June 6, 2012 Halo Top, a popular low-calorie, high-protein ice cream brand, was recently acquired from Eden Creamery for an undisclosed amount by Wells Enterprises of Le Mars, Iowa. Your health & safety is our priority, and we're taking COVID-19 very seriously. LE MARS — Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC, to acquire the Halo Top® brand. Le Mars-based Wells Enterprises has signed a deal with an Idaho dairy to acquire its “Halo Top” brand of ice cream. US-based ice cream manufacturer Wells Enterprises has acquired low-calorie ice cream brand Halo Top from Eden Creamery for an undisclosed figure. Iowa-based Wells Enterprises — the largest privately held and family-owned ice cream manufacturer in the United States — in September announced plans to acquire Halo Top… Wells manufactures its signature brand Blue Bunny, the iconic Bomb Pop, Blue Ribbon Classics and Chilly Cow. The sale is expected to be completed in September, Wells said, subject to standard closing conditions. Overview. Read our response here. Their most recent acquisition was Halo Top on September 9, 2019. Posted: 13 September 2019 Wells Enterprises, one of the US’ largest ice cream manufacturers, has acquired Halo Top, the low-calorie ice cream brand from Eden Creamery. … Financial terms of the deal are not being disclosed. Click to Enlarge Wells Enterprises is to acquire the Halo Top brand. Mike Wells, CEO and President of Wells, says “Halo Top … Last month, Wells Enterprises secured a deal to acquire Halo Top for an undisclosed figure. Design, CMS, Hosting & Web Development :: ePublishing. Copyright © Observer Today | https://www.observertoday.com | PO Box 391, Dunkirk, NY 14048 | 716-366-3000 | Ogden Newspapers | The Nutting Company, “Halo Top disrupted the ice cream category by providing a high protein, low sugar, low calorie dessert that gave consumers a reason to purchase ice cream as a treat again. On top of that, Wells simply does things the right way — something that has been at the forefront for us when looking at potential acquirers.”. 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. Please click here to continue without javascript.. Tharp & Young on Ice Cream: An Encyclopedic Guide to Ice Cream Science and Technology, Milk Pasteurization: The Effects of Time and Temperature, National Conference on Interstate Milk Shipments. Anthony’s Goods markets a range of gluten-free flour alternatives, baking aids and supplements, including coconut and almond flours, spirulina and algae powder, and activated charcoal. “Halo Top met a consumer need that no one else in the category was serving. Halo Top met a consumer need that no one else in the category was serving. Halo Top is a mixture of eggs, milk, and cream, like other ice cream brands, but is distinct due to its substitution for sugar. Within a few years, the oil company had acquired pipelines, leases and storage tanks – emerging as one of the area's leading suppliers of crude oil. Halo Top Creamery is an ice cream company and brand sold in the United States, Australia, Mexico, Canada, Ireland, New Zealand, the Netherlands, Germany, Denmark, Taiwan, South Korea, Austria, United Kingdom and the United Arab Emirates. Wells is headquartered in Le Mars, Iowa, and manufactures dessert products like Blue Bunny, Bomb Pops and light ice cream Chilly Cow. LE MARS, Iowa – Wells Enterprises Inc. has signed a purchase agreement with Eden Creamery, LLC, to acquire Halo Top, a low-calorie brand of ice cream. Pricing . acquired by Wells Enterprises. Your health & safety is our priority, and we're taking COVID-19 very seriously. Connect to CRM . Sep 11, 2019 Wells Enterprises Inc., with a manufacturing plant in Dunkirk, has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top brand. Halo Top's ingredients are relatively low in calories and sugar and high in protein and fiber. Resources. Financial terms of … Try Pro free Solutions. 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. You must have JavaScript enabled to enjoy a limited number of articles over the next 30 days. Read More. Font size Email Print. Advertised as “light ice cream that actually tastes like ice cream” and as having fewer calories, […] Wells Enterprises, based in Le Mars, Iowa, has signed a purchase agreement with Eden Creamery, the parent of the Halo Top brand. Photo: Halo Top Creamery LE MARS, IOWA —Wells Enterprises, Inc. has entered into a purchase agreement with Eden Creamery, L.L.C. Wells Enterprises, one of the US’ largest ice cream manufacturers, has acquired Halo Top, the low-calorie ice cream brand from Eden Creamery. Tell me how we can improve. We love ice cream and will leverage Halo Top’s brand equity and awareness to help grow it.”, “We’re thrilled to join the Wells family. Looking forward to 2021, does your company have plans to increase the sustainability quotient of its packaging? LE MARS, Iowa--(BUSINESS WIRE)--Wells Enterprises, Inc. has acquired Fieldbrook Foods headquartered in Dunkirk, New York, from Arbor Investments … Halo Top Taking On Traditional Ice Cream Brands With New Range. Undisclosed. “We have the sales and marketing expertise, but more importantly the passion, to help grow this brand even further. Dairy; Dairy-Free; Keto ; Pops; Where to Buy; About Us. Acquired Organization: Halo Top Halo Top offers ice cream for just 280-360 calories per PINT. Halo Top acquired by Wells Enterprises. Le Mars-based Wells buys low-calorie Halo Top brand of ice cream. On September 9, 2019 Halo Top announced sale of its US operations to Wells Enterprises for an undisclosed amount. Swiss dairy group Emmi is expanding and strengthening its existing dessert network in Italy with the acquisition of Pasticceria Quadrifoglio. Summary Financials People Technology Signals & News. By visiting this website, certain cookies have already been set, which you may delete and block. LOS ANGELES - Two years after it became America's best-selling grocery store pint, Halo Top ice cream brand is being sold to one of the nation's biggest frozen treat companies, Wells … All Rights Reserved BNP Media. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. I want to hear from you. Well Enterprises has entered into a purchase agreement with Eden Creamery to acquire the Halo Top brand. Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top® brand. Wells Enterprises is in agreement to acquire Halo Top for an undisclosed amount. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. 31st October 2019. 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. Delicious ice cream that’s JUST 280–380 calories per pint Find Them! Wells Enterprises acquires Halo Top. Overview. Wells Enterprises, based in Le Mars, Iowa, has signed a purchase agreement with Eden Creamery, the parent of the Los Angeles-based Halo Top brand. “Halo Top … As Halo Top continues to mature, Wells’ expertise in everything from operations, to managing brands, to making ice cream products for over a century will help Halo Top become an even better product and stronger brand,”, “On top of that, Wells simply does things the right way — something that has been at the forefront for us when looking at potential acquirers.”. Financial terms of … Undisclosed. Low-cal ice cream brand Halo Top has been acquired by Wells Enterprises, the US’s largest privately held ice cream manufacturer. This purchase marks the fifth brand under Wells’ current portfolio. This purchase expands Wells’ current portfolio to five distinct brands. The purchase expands Wells’ current portfolio to five distinct brands, the company said. Summary. Ingredients. Resources. Well Enterprises has entered into a purchase agreement with Eden Creamery to acquire the Halo Top brand. Now it's being sold to one of the nation's biggest ice cream manufacturers, Wells … This purchase expands Wells’ current portfolio to five distinct brands. Pops. Emerging dance artist Mama Haze provides the high-attitude beats with "How I Do It," an unreleased track. Search Crunchbase. “Wells has been making ice cream products for over 100 years. on January 26, 2019 Newsletter. Customers and consumers can expect the same quality ice cream and frozen treats from Wells along with no interruptions in service to find their favorite Halo Top treats. The sale is expected to be completed in September, subject to standard closing conditions. Our Story Contact Us Press Gingerbread House is Back. Search Crunchbase. Organization. Wells employs more than 4,000 ice cream aficionados across the country. skip to main content. Log In. Wells Enterprises acquires Halo Top on 2019-09-09 for an undisclosed amount. Halo Top, the US ice-cream business acquired by larger peer Wells Enterprises earlier this year, is to shut a domestic factory. In connection with the purchase, Wells agreed to license the Halo Top … Blue Bunny Maker to Acquire Halo Top. The … Halo Top. Financial terms of the deal a About. LE MARS, Iowa--(BUSINESS WIRE)--Wells Enterprises, Inc. has acquired Fieldbrook Foods headquartered in Dunkirk, New York, from Arbor Investments … Visit our updated, Wells Enterprises acquires Fieldbrook Foods, Halo Top releases line of bigger frozen novelties, Wells Enterprises, Publix, SensoryEffects honored at ice cream flavor contest, What Perishable Food Distributors Need to Know NOW to Thrive in 2020, Ice Cream & Frozen Desserts: Formulating & Processing for Success. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. We love ice cream and will leverage Halo Top’s brand equity and awareness to help grow it.”, Wells said it is the No. Acquired Organization: Halo Top Halo Top offers ice cream for just 280-360 calories per PINT. Blue Bunny Ice Cream Maker Wells Enterprise to Buy Halo Top – Food Dive. Advanced. Founded in 1913 by Fred H. Wells, the company is still proudly owned by the Wells family today. Mike Wells, CEO and President of Wells, says “Halo Top … The purchase expands Wells’ current portfolio to five distinct brands, the company said. Emmi buys Italian desserts firm. By closing this message or continuing to use our site, you agree to the use of cookies. In brief: Business developments US ice cream and frozen treat company Wells Enterprises has signed a purchase agreement with Eden Creamery to acquire the Halo Top brand, manufacturer of high-protein, low-sugar, low-calorie ice creams. Related: Wells Enterprises Buys Fieldbrook Foods; Artisanal Ice Cream Valued at $11 Billion in 2018. Financial terms of the deal are not being disclosed. Acquiring Organization: Wells … Smith Dairy Products Company/Dairy Enterprises Inc. Wells Enterprises Inc., Le Mars, Iowa, said it signed a purchase agreement with Los Angeles-based Eden Creamery LLC to acquire the Halo Top brand. Halo Top Unveils New Indulgent, Lower Calorie Ice Creams. The companies expect the sale to close within the month. The Blue Bunny ice cream manufacturer Wells Enterprises has acquired New York-based Fieldbrook Foods to expand Wells on the east coast. Wells is the No. to acquire the … By Simon Harvey | 10 September 2019. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. “Wells has been making ice cream products for over 100 years,” he continued. Wells Enterprises of Le Mars has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top brand. Le Mars, Iowa – September 9, 2019 — Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top® brand. Terms of the deal, which is expected to close this month, were not disclosed. By visiting this website, certain cookies have already been set, which you may delete and block. Wells Enterprises has announced its purchase of light ice cream company Halo Top. On March 17, 1890, they made it official with a new name. The transaction, which is expected to close this month, expands Wells’ portfolio to five ice cream brands. The brand is marketed as a lower-calorie alternative, partially substituting sugar with stevia, a plant-based sweetener, and erythritol, a sugar alcohol. Pricing. Wells Enterprises reaches deal to acquire Halo Top ice cream. 09/03/2019 - Wells acquires low-calorie Halo Top brand of ice cream. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. Save. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. Financial terms are undisclosed. Counselor “Top 40” distributor, HALO Branded Solutions, concluded their National Sales Meeting with record attendance. ON DEMAND: Join us for a webinar that takes a look at emerging trends, growth drivers and opportunities in the ice cream segment. Halo Top ice cream became America's bestselling grocery store pint two years ago. Halo Top Taking On Traditional Ice Cream Brands With New Range Halo Top Introduces Snackable Ice Cream Sticks To The UK Halo Top Challenges Big Brands For Scoop Of Ice-Cream Market Iowa-based Wells Enterprises — the largest privately held and family-owned ice cream manufacturer in the United States — in September announced plans to … Resources. Products. Advanced. Wells acquires low-calorie Halo Top brand of ice cream September 9, 2019 By Radio Iowa Contributor Le Mars-based Wells Enterprises has signed a deal with an … Log In. Wells Enterprises Inc., Le Mars, Iowa, said it signed a purchase agreement with Los Angeles-based Eden Creamery LLC to acquire the Halo Top brand. 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. In connection with the purchase, Wells said it agreed to license the Halo Top brand outside of the United States and Canada to a new company that Doug Bouton, president and chief operating officer of Halo Top, plans to operate after closing. Halo Top produces ice cream with 280-360 calories per pint and 20 grams of protein. For webinar sponsorship information, visit www.bnpevents.com/webinars or email webinars@bnpmedia.com. 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