Wells Signs Purchase Agreement for Nevada Facility
Le Mars, Iowa – September 3, 2019 — Wells Enterprises, Inc. has signed a purchase agreement with Unilever for its ice cream manufacturing plant located in Henderson, Nevada. This purchase will expand Wells’ current manufacturing capacity and diversify its ability to support customers geographically to help meet future demand and adds an important footprint in the West. The sale is expected to be completed in September, subject to standard closing conditions. Financial terms of the deal are not being disclosed.
“The Henderson acquisition benefits both parties. The facility has been well-maintained with high quality employees ready and excited to continue making ice cream,” explained Mike Wells, CEO and President. “The facility provides an even larger platform for growth while positioning us to better serve our customers. Wells intends to have the industry-leading infrastructure and best practices to become the leader in quality, innovation, food safety and operational effectiveness in the ice cream category.”
Wells is the #2 ice cream manufacturer in the US with a strong house of brands including signature brand, Blue Bunny®, along with private label and co-pack business.
“We’re excited to have over 250 employees of the Henderson facility join Wells. They have the skills and abilities we need to help grow our business. 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 Wells.
About Wells Enterprises
Wells Enterprises, Inc. is the largest privately held, family-owned ice cream manufacturer in the United States. Founded in 1913 by Fred H. Wells, the company is still proudly owned by the Wells family today.
Wells produces more than 200 million gallons of ice cream per year and distributes products in all 50 states. Wells manufactures its signature brand Blue Bunny®, the iconic Bomb Pop®, Blue Ribbon Classics® and its newest brand, Chilly Cow®.
Wells employs over 4,000 ice cream aficionados across the country. The company is headquartered with two manufacturing plants in Le Mars, Iowa, a manufacturing plant in Dunkirk, New York and a manufacturing plant in Lakewood, New Jersey. As the world's largest manufacturer of ice cream in one location, Wells has made Le Mars the "Ice Cream Capital of the World.”