LE MARS, IOWA —Wells Enterprises, Inc. has entered into a purchase agreement with Eden Creamery, L.L.C. 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. to acquire the … Le Mars, Iowa – September 9, 2019 — 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. 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. Emerging dance artist Mama Haze provides the high-attitude beats with "How I Do It," an unreleased track. Wells employs more than 4,000 ice cream aficionados across the country. Read our response here. 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 Enterprises, based in Le Mars, Iowa, has signed a purchase agreement with Eden Creamery, the parent of the Halo Top brand. Wells Enterprises reaches deal to acquire Halo Top ice cream. Swiss dairy group Emmi is expanding and strengthening its existing dessert network in Italy with the acquisition of Pasticceria Quadrifoglio. 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. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. Terms of the deal, which is expected to close this month, were not disclosed. Halo Top, the US ice-cream brand that has shaken up … 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. The sale is expected to be completed in September, subject to standard closing conditions. The purchase expands Wells’ current portfolio to five distinct brands, the company said. June 6, 2012 Summary. Connect to CRM . 09/03/2019 - Wells acquires low-calorie Halo Top brand of ice cream. 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. 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 Well Enterprises has entered into a purchase agreement with Eden Creamery to acquire the Halo Top brand. “Halo Top met a consumer need that no one else in the category was serving. Resources. Le Mars, Iowa – September 9, 2019 — Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top® brand. “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. Summary Financials People Technology Signals & News. By Simon Harvey | 10 September 2019. This purchase marks the fifth brand under Wells’ current portfolio. Wells Enterprises is in agreement to acquire Halo Top for an undisclosed amount. 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. The companies expect the sale to close within the month. 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. We feel it is a good fit for the Wells portfolio as we look to broaden our offerings for consumers.” Full Story. Dairy; Dairy-Free; Keto ; Pops; Where to Buy; About Us. All Rights Reserved BNP Media. LE MARS — Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC, to acquire the Halo Top® brand. Their most recent acquisition was Halo Top on September 9, 2019. Try Pro free Solutions. Financial terms of … Halo Top acquired by Wells Enterprises. Financial terms of the deal are not being disclosed. Mike Wells, CEO and President of Wells, says “Halo Top … Halo Top is light ice cream that actually tastes like ice cream. Read our response here. Business & trade. Wells produces more than 200 million gallons of ice cream per year and distributes products in all 50 states. Halo Top, the US ice-cream business acquired by larger peer Wells Enterprises earlier this year, is to shut a domestic factory. Founded in 1913 by Fred H. Wells, the company is still proudly owned by the Wells family today. Your health & safety is our priority, and we're taking COVID-19 very seriously. 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 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 Read More. Acquired Organization: Halo Top Halo Top offers ice cream for just 280-360 calories per PINT. 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. By closing this message or continuing to use our site, you agree to the use of cookies. On March 17, 1890, they made it official with a new name. Wells Enterprises, Inc. is the largest privately held, family-owned ice cream manufacturer in the United States. “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. Looking forward to 2021, does your company have plans to increase the sustainability quotient of its packaging? Check out the December issue of Dairy Foods, including our profile of our Processor of the Year: Chobani. Advanced. 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. 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. Financial terms of the deal are not being disclosed. 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. 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. Low-cal ice cream brand Halo Top has been acquired by Wells Enterprises, the US’s largest privately held ice cream manufacturer. The sale is expected to be completed in September, subject to standard closing conditions. We love ice cream and will leverage Halo Top’s brand equity and awareness to help grow it.”, Wells said it is the No. Read More. Well acquires Halo Top. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. Acquiring Organization: Wells … Mike Wells, CEO and President of Wells, says “Halo Top … On September 9, 2019 Halo Top announced sale of its US operations to Wells Enterprises for an undisclosed amount. Related: Wells Enterprises Buys Fieldbrook Foods; Artisanal Ice Cream Valued at $11 Billion in 2018. By visiting this website, certain cookies have already been set, which you may delete and block. Copyright ©2020. Pricing. 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. Our Story Contact Us Press Gingerbread House is Back. Products. Advertised as “light ice cream that actually tastes like ice cream” and as having fewer calories, […] The transaction, which is expected to close this month, expands Wells’ portfolio to five ice cream brands. Well Enterprises has entered into a purchase agreement with Eden Creamery to acquire the Halo Top brand. Simbe has raised $26 million to deploy its inventory robot. Financial terms of the transaction were not disclosed. 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,” said Justin Woolverton, founder and chief executive officer of Halo Top. Le Mars-based Wells Enterprises has signed a deal with an Idaho dairy to acquire its “Halo Top” brand of ice cream. 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. The transaction, which is expected to close this month, expands Wells’ portfolio to five ice cream brands. Wells Enterprises, one of the US’ largest ice cream manufacturers, has acquired Halo Top, the low-calorie ice cream brand from Eden Creamery. On Monday, September 9, the Le Mars, Iowa, company announced it has signed a purchase agreement with Eden Creamery, LLC to acquire … … 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 … 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. acquired by Wells Enterprises. The sale is expected to be completed in September, subject to standard closing conditions. I want to hear from you. Wells already manufactures popular dessert brands like Blue Bunny, Bomb Pop and Chilly Cow. Financial terms are undisclosed. Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top® brand. 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 … We love ice cream and will leverage Halo Top’s brand equity and awareness to help grow it.”. LE MARS, Iowa--(BUSINESS WIRE)--Wells Enterprises, Inc. has acquired Fieldbrook Foods headquartered in Dunkirk, New York, from Arbor Investments … Save. 31st October 2019. Wells is the No. The Sun Oil Company was producing, transporting, and storing … Wells Enterprises has acquired 2 organizations. The sale is expected to be completed in September, Wells said, subject to standard closing conditions. 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. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. Dubbed "Stop Shoulding Yourself," the 30-second spot dropped Tuesday, representing the first work for the brand by Deloitte Digital's agency Heat since Wells Enterprises acquired Halo Top … For webinar sponsorship information, visit www.bnpevents.com/webinars or email webinars@bnpmedia.com. on January 26, 2019 Newsletter. The sale is expected to be completed in September, subject to standard closing conditions. Wells Enterprises has announced its purchase of light ice cream company Halo Top. Wells Enterprises produces and markets ice creams and frozen treats in the United States. Halo Top is light ice cream that actually tastes like ice cream. We have the sales and marketing expertise, but more importantly the passion, to help grow this brand even further. Font size Email Print. We have the sales and marketing expertise, but more importantly the passion, to help grow this brand even further. 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. In connection with the purchase, Wells agreed to license the Halo Top … Undisclosed. The sale is expected to be completed in September, subject to standard closing conditions. This purchase expands Wells’ current portfolio to five distinct brands. Pricing . 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. Acquisition. 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. The sale is expected to be completed in September, subject to standard closing conditions. Financial terms of the deal a “We have the sales and marketing expertise, but more importantly the passion, to help grow this brand even further. Packaging sustainability is an important purchasing decision driver for many consumers. Last month, Wells Enterprises secured a deal to acquire Halo Top for an undisclosed figure. July 2, 2012 HALO Acquires BJM Promotions HALO Branded Solutions announces its acquisition of the business of BjM Promotions, a promotional products distributor based in Islandia, New York. (Image) Halo Top produces ice cream with 280-360 calories per pint and 20 grams of protein. Iowa-based Wells Enterprises — the largest privately held and family-owned ice cream manufacturer in the United States — in September announced plans to … Le Mars, Iowa – September 9, 2019 — Wells Enterprises, Inc. 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. Halo Top Taking On Traditional Ice Cream Brands With New Range. Design, CMS, Hosting & Web Development :: ePublishing. Wells Enterprises is in agreement to acquire Halo Top for an undisclosed amount. The Blue Bunny ice cream manufacturer Wells Enterprises has acquired New York-based Fieldbrook Foods to expand Wells on the east coast. Le Mars-based Wells buys low-calorie Halo Top brand of ice cream. Wells Enterprises acquires Halo Top on 2019-09-09 for an undisclosed amount. Smith Dairy Products Company/Dairy Enterprises Inc. “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.”. 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.”. Read more. Now it's being sold to one of the nation's biggest ice cream manufacturers, Wells … This website requires certain cookies to work and uses other cookies to help you have the best experience. 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 is a mixture of eggs, milk, and cream, like other ice cream brands, but is distinct due to its substitution for sugar. “Halo Top met a consumer need that no one else in the category was serving. 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. This purchase expands Wells’ current portfolio to five distinct brands. 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. Read More. “Wells has been making ice cream products for over 100 years,” he continued. Counselor “Top 40” distributor, HALO Branded Solutions, concluded their National Sales Meeting with record attendance. Halo Top met a consumer need that no one else in the category was serving. Blue Bunny Ice Cream Maker Wells Enterprise to Buy Halo Top – Food Dive. “Wells has been making ice cream products for over 100 years. Save. The … 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. Undisclosed. 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. 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. Blue Bunny maker Wells Enterprise acquired Halo Top for an undisclosed sum to Wells Enterprise. Organization. skip to main content. 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 Resources. We feel it is a good fit for the Wells portfolio as we look to broaden our offerings for consumers. Halo Top. Halo Top. Photo: Halo Top Creamery LE MARS, IOWA —Wells Enterprises, Inc. has entered into a purchase agreement with Eden Creamery, L.L.C. Blue Bunny Maker to Acquire Halo Top. You must have JavaScript enabled to enjoy a limited number of articles over the next 30 days. More to come. 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. Advanced. Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top® brand. LE MARS, Iowa--(BUSINESS WIRE)--Wells Enterprises, Inc. has acquired Fieldbrook Foods headquartered in Dunkirk, New York, from Arbor Investments … Wells Enterprises of Le Mars has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top brand. Resources. Search Crunchbase. 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. 1. Acquired Organization: Halo Top Halo Top offers ice cream for just 280-360 calories per PINT. Overview. Halo Top met a consumer need that no one else in the category was serving. Wells Enterprises of Le Mars has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top brand. By visiting this website, certain cookies have already been set, which you may delete and block. Click to Enlarge Wells Enterprises is to acquire the Halo Top brand. Save. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. ON DEMAND: Join us for a webinar that takes a look at emerging trends, growth drivers and opportunities in the ice cream segment. on September 9, 2019 Confectionery. US-based ice cream manufacturer Wells Enterprises has acquired low-calorie ice cream brand Halo Top from Eden Creamery for an undisclosed figure. 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. Wells Enterprises Inc., with a manufacturing plant in Dunkirk, has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top brand. Wells is headquartered in Le Mars, Iowa, and manufactures dessert products like Blue Bunny, Bomb Pops and light ice cream Chilly Cow. Your health & safety is our priority, and we're taking COVID-19 very seriously. Financial terms of the transaction were not disclosed. Wells Enterprises acquires Halo Top. 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. Delicious ice cream that’s JUST 280–380 calories per pint Find Them! Halo Top ice cream became America's bestselling grocery store pint two years ago. Wells Enterprises, Inc. has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top brand. Pops. Emmi buys Italian desserts firm. 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. Acquiring Organization: Wells Enterprises Wells Enterprises produces and markets ice creams and frozen treats in the United States. Overview. 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 … 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. Log In. Halo Top Unveils New Indulgent, Lower Calorie Ice Creams. Ingredients. Log In. Halo Top. 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. About. The brand is marketed as a lower-calorie alternative, partially substituting sugar with stevia, a plant-based sweetener, and erythritol, a sugar alcohol. More to come. “Halo Top … 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. 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… 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. Wells Enterprises Inc., with a manufacturing plant in Dunkirk, has signed a purchase agreement with Eden Creamery, LLC to acquire the Halo Top brand. Search Crunchbase. The sale is expected to be completed in September, Wells said, subject to standard closing conditions. Halo Top acquired by Wells Enterprises. “We’re thrilled to join the Wells family. Halo Top produces ice cream with 280-360 calories per pint and 20 grams of protein. “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. Financial terms of … Halo Top, the US ice-cream business acquired by larger peer Wells Enterprises earlier this year, is to shut a domestic factory. The purchase expands Wells’ current portfolio to five distinct brands, the company said. to acquire the Halo Top brand. Summary. Products. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. Halo Top's ingredients are relatively low in calories and sugar and high in protein and fiber. By closing this message or continuing to use our site, you agree to the use of cookies. Well acquires Halo Top. With this acquisition, Iowa-based Wells now owns five ice cream brands, including Blue Bunny, Bomb Pop, Blue Ribbon Classics and Chilly Cow. Wells acquired Halo Top from Eden Creamery, LLC in September 2019 and has been churning out new products under the brand ever since. 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.”.