The newly acquired 100,000 square foot production facility is SQF-certified and manufactures high-quality ice cream and frozen novelty products across various sizes and formats. The addition of this facility further expands Turkey Hill’s production capacity, capabilities, and geographic reach.
Rob Pistilli, Managing Director of Peak Rock Capital, commented, “We are delighted that Turkey Hill has closed this acquisition. This investment comes with significant capacity expansion and novelty production capabilities that will enhance Turkey Hill’s brand appeal and ability to service and grow its loyal customer base. We are enthusiastic about Turkey Hill’s progress to-date, and this investment is a testament to Peak Rock’s support of the Company’s continued growth and expansion.”
Turkey Hill’s existing footprint already includes one of the largest production facilities of ice cream and refrigerated drinks in the country – a state-of-the-art facility located in Conestoga, Pennsylvania, which is powered by 100% renewable energy and situated on 72+ acres along the Susquehanna River. Within its flagship facility, Turkey Hill is also executing on its previously announced investment plan, which includes capacity and personnel expansion, investments across existing production lines, and facility enhancements to support its associates.
Concurrent with the transaction, Turkey Hill has entered into a co-manufacturing agreement whereby it will continue to produce ice cream for the Yarnell’s brand, which will be retained by Schulze & Burch Biscuit Company.
Turkey Hill believes part of its corporate responsibility is to be a good steward of its resources, community, and the world, and is actively defining and implementing green initiatives to cut down on waste, reduce packaging, and minimize outputs into the environment. In 2019, Turkey Hill’s Conestoga facility paired existing wind power with hydroelectric energy to become powered by 100% renewable energy. Find out more at www.turkeyhill.com/about/green. For more information about Turkey Hill, visit www.turkeyhill.com, or follow Turkey Hill on Twitter or Facebook.
Turkey Hill was acquired by an affiliate of Peak Rock Capital in April 2019. Turkey Hill LLC is not affiliated with The Kroger Co. or Turkey Hill Minit Markets.
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