CoolBrands International, Ontario, is buying the Breyer's yogurt brand lines from Kraft Foods, Northfield, Ill. The deal includes the sale of the brands and of Kraft's manufacturing facility in North Lawrence, N.Y. The transaction is subject to regulatory approval and is expected to be completed in the first quarter. The ice cream maker and marketer said it will pay $59 million for the business.
The dairy industry is cheering the January release of the U.S. Government's new Dietary Guidelines for Americans. The guidelines, a joint effort between USDA and the Department of Health and Human Services, calls for at least three servings a day of low-fat or fat-free dairy food products.
Women are nearly three times more likely than men to use a bowl of ice cream to console themselves after a breakup or disappointment-and half of all Americans, whether male or female, confess to "bonding" with their significant other over ice cream.
Cold Stone Creamery, Scottsdale, Ariz., plans to be the top-selling ice cream brand in the country within five years, said CEO Doug Ducey, while speaking last month at a meeting of a local business group in Arizona.
Ben & Jerry's added its own political/enviro message to January's inauguration activities in Washington. The Vermont-based ice cream maker took out newspaper ads encouraging Washington policy makers to put aside
On March 2-4 industry leaders will gather in Arizona to discuss frozen desserts. IDFA's Ice Cream Technology Conference offers an interactive and open discussion of the latest technologies and regulatory hurdles to the ice cream industry. IDFA staff, leading professionals and researchers will lead the discussion.