Richmond agreed that it will pay £3.4m (€4.9m ) in cash for the business and this includes fixed assets, stocks and finance leases of De Roma. De Roma is a Wigan-based company that produces private label ice cream products.
Commenting on the acquisition, Richmond's CEO, James Lambert stated: "I am delighted at the opportunity to acquire the De Roma business which will help move Richmond forward towards achieving our strategic goal of being the number one supplier of ice cream in the UK"
Since 2001 the company has purchased a string of Nestle brands that has placed the company closer to its goal. In October last year it acquired the company Oldfields, another ice cream producer. In March this year the company plans to set up two new production lines in an attempt to increase production capacity.
