Ice Cream Marketer Extends Strategy to Include Food Production Capability
WAYLAND, Mich. - Denali Flavors, Inc., an inventor and marketer of premium flavors for the ice cream industry based here, has acquired a key ice cream ingredient manufacturing operation from Toronto-based CoolBrands International.
The 65,000-square-foot facility, based in New Berlin, Wis., makes a wide variety of flavors and other ingredients for the dairy industry. With the acquisition, Denali aims to move toward achieving greater consolidation and new capabilities in the ingredient production segment of its operations. In addition, Denali expects to continue supplying ingredients to a number of other private-label manufacturers currently served by the plant.
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Denali said the addition of the facility, which generated approximately $20 million in annual sales in 2005, will nearly double its overall business. The facility will operate as Denali Ingredients, LLC and serve dairy customers throughout North America.
Denali said it collaborates with a majority of the nation's independent local dairies making regional and store-branded products to produce Denali's extensive portfolio of flavor varieties, including the company's signature Moose Tracks brand.
The 65,000-square-foot facility, based in New Berlin, Wis., makes a wide variety of flavors and other ingredients for the dairy industry. With the acquisition, Denali aims to move toward achieving greater consolidation and new capabilities in the ingredient production segment of its operations. In addition, Denali expects to continue supplying ingredients to a number of other private-label manufacturers currently served by the plant.
(Story continues below.)
Denali said the addition of the facility, which generated approximately $20 million in annual sales in 2005, will nearly double its overall business. The facility will operate as Denali Ingredients, LLC and serve dairy customers throughout North America.
Denali said it collaborates with a majority of the nation's independent local dairies making regional and store-branded products to produce Denali's extensive portfolio of flavor varieties, including the company's signature Moose Tracks brand.