One of the companies that is expected to be in considerable focus among investors during the course of this week is Yuengling’s Ice Cream Corporation (OTCMKTS:ARSN).
Yuengling’s Ice Cream Announces Acquisition of Revolution Desserts, LLC
Yesterday, it had come into focus in a big way among investors after it emerged that the company had inked a letter of intent with regards to the acquisition of the company Revolution Desserts LLC. It could end up being one of the more significant transactions that the company is going to make for some time. In order to understand that it is necessary for investors to take a look at the ice cream brands owned and licensed by Revolution Desserts.
Some of the well-known brands licensed or owned by the company include SoCo Creamery, Sweet Scoops, Art Cream, and Gelato Fiasco. In this situation, it may be a good idea for investors to take a special interest in Gelato Fiasco. It is a high-end gelato product and already has two branded stores of its own.
However, that is not all. The product is also available in excess of 600 retail outlets at this point in time. Some of the retail outlets include such establishments as Roche Bros, Whole Foods, and around 100 independent outlets.
The other brands which are now going to come into Yuengling’s Ice Cream Corporation’s control are also available in some of the major retail outlets at this point in time. The Chief Executive Officer and President of the company Rob Bohorad spoke about the development as well. He stated that everyone at the company was excited at having been able to add such a varied group of brands to its portfolio.
It is now going to be interesting to see how Yuengling’s Ice Cream Corporation manages to integrate these brands into its business. It is likely that investors are going to look into the progress that is going to be made by the company quite closely in the coming weeks.
