Pacific Ventures Group will acquire a $37 million East Coast food distribution company to complement its existing food, beverage, and alcohol distribution business. The investment group expects the move to lead to rapid growth of its SnöBar brand of alcohol-infused ice cream products.
The SnöBar line of products, which feature ice cream and ice bars made with equal parts alcohol, is currently sold at convenience stores and other retailers. A Pacific Ventures Group subsidiary, Royalty Foods Partners LLC, acquired San Diego Farmers Outlet Inc. in May 2018 to distribute SnöBar on the West Coast.
Related: Momenti, Food Direct Partner For Alcohol-Infused Ice Cream Delivery; Manufacturer Opens Specialty Plant for Alcohol-Infused Frozen Treats.
from Industry Operations https://ift.tt/2MnBJVu
SnöBar Readies for East Coast Expansion
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August 17, 2018
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