COLUMBUS, OHIO – Ohio Processors, Inc. has agreed to acquire Pierre’s Ice Cream Company, Cleveland. Terms of the agreement were not disclosed.
Pierre’s Ice Cream is a regional manufacturer and marketer of ice cream, frozen yogurt, sherbet, sorbet and frozen novelties sold under the Pierre’s brand. Founded in 1934, Ohio Processors, Inc. is a manufacturer and distributor of dairy-related products, that is a fourth-generation business owned and operated by the Smith family. Today, Doug Smith is president of the company.
“We are thrilled to announce the acquisition of Pierre’s Ice Cream,” Smith said. “Their products and employees will be welcome additions to Ohio Processors.”
Shelley Roth, president of Pierre’s Ice Cream, said the decision to sell the business was part of a succession plan that would ensure continuity for the business.
“The philosophies of Ohio Processors and the Smith family align with our succession priorities as well as the values and directions we have cultivated over the years,” Roth said. “The Smith family shares the same core values that have been instilled in the Pierre’s organization.