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Company to buy

  • Location: Europe
  • Revenue: 4 – 6 million EUR
  • Industry: Food production, ice cream
  • Reason for acquisition: This buyer is expanding its business in Europe
  • #CFIE FOB098

Overview of buyer for ice cream producers in Europe

The global frozen desserts market was valued at 93.90 billion US dollars in 2023 and is expected to grow at a CAGR of 4.15% from 2024 – 2029, led by the North American region. Primarily, the ice cream segment has had the largest revenue share in this frozen dessert market for several years, increasing its importance by attracting different tastes and preferences among consumers.

Essentially, the buyer is a family-owned ice cream manufacturing company that started over five years ago in North America. Critically, their founders and current owners have grown up in family businesses. Consequently, they acquired the experience and work ethic necessary to promote this type of business.

In the beginning, the business had one store and just under 20 flavors. Soon, they quickly expanded through wholesale sales to other local stores. In three years, they expanded to over 40 flavors and now have a wide range of retail stores, supermarkets, coffee shops, exclusive stores, bakeries, and more, where they sell their product and their brand. Currently, the buyer has more than 10 million euros in annual revenue and an EBITDA of approximately 10 %. Above all, it is an expanding company actively looking for an ice cream producer in Europe to continue to expand outside its borders.

Profile (strategy) of buyer for ice cream producers in Europe

Notably, this buyer company has experienced rapid expansion by diversifying its business models. Chiefly, the company offers packaged ice cream on a wholesale basis to various wholesale and retail establishments. In addition, they also have a franchise model and some stores exclusively owned by them. In this case, these stores sell and serve the product to the final consumer.

Altogether, the buyer’s business model currently includes more than 1,500 retail establishments selling its ice cream in more than 15 American states. Due to its growth, the buyer has acquired a new plant of more than 8,000 square meters which includes areas designated for ice cream production, a bakery, and a shop for the end consumer. Most significantly, they have focused on creating flavor experiences that revive and build the best memories around ice cream. Simultaneously, they have specially dedicated themselves to perfecting the art of production, improving their ingredients, creamy quality, and variety of flavors.

In short, this buyer is an expert in consumer-packaged goods and B2B. Now, the company wants to continue growing. Thus, they are actively searching for an ice cream producer in Europe with experience in manufacturing and distributing the product.

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Activities and products of suitable targets

This buyer is looking for ice cream producers with the following attributes:

  • Industry: Frozen desserts
  • Sub-industry: Ice cream production and distribution
  • Location: Europe
  • Revenue: 4 – 6 million EUR
  • Positive EBITDA
  • Target employees: 15 – 20
  • Interested in: Manufacturing 
  • Preferred knowledge: Ice cream manufacturing

Highlights of buyer for ice cream producers in Europe

  • The buyer is a US-based ice cream producer and distributor
  • Expanded their business rapidly through business model diversification
  • Experts in consumer packaged goods and B2B
  • The target is an ice cream producer in Europe ideally with experience in manufacturing

More information on this buyer for ice cream producer in Europe

Please get in touch if you are interested in learning more about this buyer for ice cream producer in Europe. For more food production companies for sale please visit the section food production companies for sale. For other food production buyers, please visit the section food production companies wanted. If you are instead interested in food companies for sale, please visit the food companies for sale section. For food buyers, please visit the section food companies wanted.

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