Add-on Acquisition • Food

Schmitt Industries Acquires Ample Hills Creamery

On July 10, 2020, Schmitt Industries acquired food company Ample Hills Creamery

Acquisition Context
  • This is Schmitt Industries’ 1st transaction in the Food sector.
  • This is Schmitt Industries’ 1st transaction in the United States.
  • This is Schmitt Industries’ 1st transaction in New York.

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M&A Deal Summary

Date July 10, 2020
Target Ample Hills Creamery
Sector Food
Buyer(s) Schmitt Industries
Deal Type Add-on Acquisition

Target Company

Ample Hills Creamery

Brooklyn, New York, United States
Ample Hills Creamery, Inc. is a ice cream company. Ample Hills Creamery was founded in 2011 and is based in Brooklyn, New York.
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Buyer Overview 1

Buyer

Schmitt Industries

Portland, Oregon, United States

Category Company
Founded 1984
Sector Test/Measurement Equipment
Employees157
Revenue 10M USD (2022)
DESCRIPTION

Schmitt Industries designs, manufactures and sells high precision test and measurement products, solutions and services through its Acuity® and Xact® product lines. Acuity provides laser and white light sensor distance measurement and dimensional sizing products, and our Xact line provides ultrasonic-based remote tank monitoring products and related monitoring revenues for markets in the Internet of Things environment. Schmitt Industries was founded in 1984 and is based in Portland, Oregon.


Deal Context for Buyer #
Overall 1 of 1
Sector: Food 1 of 1
Type: Add-on Acquisition 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2020 1 of 1