Rich Products buys Canadian frozen dessert company
March 26, 2012
by Eric Schroeder
BUFFALO, N.Y. — Rich Products of Canada, Ltd. has acquired Dorgel Ltd. & Elistan Foods, a manufacturer and marketer of frozen desserts and ice cream cakes sold across Canada. The transaction includes all of the business for Dorgel Ltd. & Elistan Foods, including its entire product portfolio, manufacturing operations, research and development capabilities.
Dorgel & Elistan sells an expansive line of Dorgel-branded frozen desserts to top retailers across Canada, and has been innovating for more than 20 years.
“We’re thrilled about the acquisition,” said Aldo Belvedere, president, Canada Division, Rich Products Corp. “It marks an important entry for Rich’s into the branded retail marketplace in Canada. In addition, the frozen dessert manufacturing capability in Canada positions us to meet the growing demand for ice cream and frozen desserts in this important market.”
As part of the transaction, owner Nick Lucchese will join Rich’s as vice-president of business development, and Eric Cannataro, co-owner, will join Rich’s as plant manager.