UK ice cream maker Richmond Foods has announced that it has entered into an agreement to acquire De Roma Ice Cream, which went into administration in December 2003.
Richmond said it would pay £3.4m (US$6.2m) in cash for the business, including fixed assets, stock and certain related finance leases, of De Roma, a Wigan-based manufacturer of private label ice cream products, including choc ices, cones and lollipops, for the major retailers.
“I am delighted at the opportunity to acquire the De Roma business which will help move Richmond forward towards achieving our strategic goal of being the number one supplier of ice cream in the UK,” said Richmond CEO James Lambert.
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