Frederick’s Dairies manufactures ice cream and refreshment brands such as Cadbury, Del Monte, Vimto, Britvic and Barratts.
As the sole ice cream supplier to the Olympic and Paralympic Games in London last year, Frederick’s achieved sales of £45m over the 12 months to the end of August 2012.
R&R chief executive and executive chairman James Lambert said: “I am very excited about acquiring this successful business whose popular licensed products will prove valuable additions to our branded portfolio.
“It will also enable R&R to extend its successful partnership with Mondelez International into the UK. Frederick’s is already launching a cone and 500ml super premium tub under the Oreo brand and this acquisition will allow us to accelerate this successful innovation programme alongside our popular Nestlé, Cadbury, Kelly’s and Yoomoo brands.”
Source: Business Daily
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