US-based company CoolBrands International announced yesterday the formation of Eskimo Pie Frozen Distribution, a wholly owned subsidiary of CoolBrands that will own and operate the DSD frozen dessert distribution system that CoolBrands is acquiring from Nestlé.
This follows the announcement that the Federal Trade Commission (FTC) has fully approved CoolBrands as the purchaser of substantially all of the Haagen-Dazs frozen dessert distribution assets in the US, as well as the right to the license for the Godiva ice cream brand.
CoolBrands also announced the appointment of J. Leo Glynn as president of Eskimo Pie Frozen Distribution. Glynn will be responsible for CoolBrands' sales and distribution operations on a national basis.
"Leo has broad knowledge and experience in DSD," said CoolBrands president David J. Stein. With this appointment, the leadership of the business we are acquiring is solidified."
CoolBrands manufactures, distributes and markets a broad range of frozen desserts and frozen novelties under a range of its own brand names. The company also franchises and licenses frozen dessert outlets operated under a number of brands including Yogen Fruz, I Can't Believe It's Yogurt, and Golden Swirl.
CoolBrands' Foodservice division is a leading manufacturer and supplier of premium soft serve ice cream, frozen yogurt, custard and smoothies for the foodservice industry. It also manufactures and sells a line of flavours, chocolate coatings, fudge sauces and powders for chocolate milk.