Wells Enterprises acquires Fieldbrook Foods
The acquisition expands Wells’ annual capacity, adds East Coast footprint.
Wells Enterprises Inc. said it acquired Fieldbrook Foods, headquartered in Dunkirk, N.Y., from Arbor Investments effective April 15, 2019. This purchase expands Wells Enterprises’ current manufacturing capacity, diversifies its ability to support customers geographically to help meet future demand and adds an important footprint on the East Coast.
“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 Mike Wells, CEO and president of Le Mars, Iowa-based Wells Enterprises. “We’re excited for the future and growing our business together.”
Wells Enterprises said it and Fieldbrook have highly complementary businesses. Wells is the No. 3 ice cream manufacturer in the United States. Its signature brand is Blue Bunny; the company also produces products for private label and co-pack customers.
Fieldbrook is a strong private label/contract manufacturer, operating two manufacturing facilities — one in Dunkirk, the other in Lakewood, N.J. Together the companies will employ more than 3,800 people and produce close to 200 million gallons of ice cream, Wells Enterprises said.