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New Deal


Announced

Wells Enterprises to acquire Halo Top from Eden Creamery.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Brand

Food Products

Pending

United States

Natural

ice cream

Single Bidder

Synopsis

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Wells Enterprises, the largest privately held, family-owned ice cream manufacturer in the United States, agreed to acquire Halo Top brand from Eden Creamery. Financial terms were not disclosed. This purchase expands Wells’ current portfolio to five distinct brands and provides consumers even more access to their favorite products. “We’re thrilled to join the Wells family. 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 a 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.” Justin Woolverton, Founder & CEO, Halo Top.

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