Turkey Hill Acquires Yarnell Ice Cream Plant

June 3, 2020
Newly independent Turkey Hill acquires a second manufacturing facility, in Searcy, Arkansas.

Turkey Hill LLC acquired an ice cream and novelty production facility in Searcy, Ark., from Yarnell Ice Cream LLC, a subsidiary of Schulze & Burch Biscuit Co. The price was not disclosed.

The 100,000-sq.-ft. production facility is SQF-certified and manufactures ice cream and frozen novelty products across various sizes and formats. This is Turkey Hill’s second production facility, adding to its original one in Conestoga, Pa. In addition to growing Turkey Hill’s capacity and capabilities, it also expands the company’s geographic reach.

“The strategic location of this facility will enable us to serve consumers across the United States for years to come,” said Tim Hopkins, CEO of Turkey Hill. “We look forward to welcoming the employees at the Searcy facility to our Turkey Hill family.”

Turkey Hill signed a co-manufacturing agreement to produce ice cream for the Yarnell’s brand, which will be retained by Schulze & Burch.

Turkey Hill was a captive dairy operation of Kroger Co., which sold it to private equity firm Peak Rock Capital in March of last year. With the investment firm’s backing, the company has been increasing personnel and capacity. Turkey Hill’s Conestoga, Pa., plant is powered by 100% renewable energy.

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