Wells Boosts Ice Cream Output with Fieldbrook Acquisition
Le Mars, Iowa, USA-headquartered Wells Enterprises, Inc. acquired Dunkirk, New York-based Fieldbrook Foods from Arbor Investments on April 15. This purchase expands Wells’ manufacturing capacity and diversifies its ability to support customers geographically to help meet future demand.
“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,” said CEO and President Mike Wells. “We’re excited for the future and growing our business together.”
Wells and Fieldbrook have highly complementary businesses. Wells is the #3 ice cream manufacturer in the United States with a solid portfolio of brands including its signature Blue Bunny brand, along with private label and co-pack businesses. Fieldbrook is a strong private label/contract manufacturer located in the nation’s northeast. It operates two manufacturing facilities, one in Dunkirk, and another in Lakewood, New Jersey. Together Wells and Fieldbrook will employ over 3,800 people and produce close to 200 million gallons of ice cream.
“We have confidence in the local Fieldbrook team, and are excited to have them join Wells. We’re focused on our shared commitment of quality, service, and food safety and look forward to continuing to fulfill Wells’ purpose of bringing joy to everyday life because of the love of ice cream,” said Mike Wells.
Founded in 1913, Wells Enterprises is the largest privately held, family-owned ice cream manufacturer in the United States. Operating two production plants in one town in Iowa, it ranks as the world's largest manufacturer of ice cream in one location. Indeed, Wells has made Le Mars the "Ice Cream Capital of the World.”