Turkey Hill LLC

Turkey Hill LLC is a US-based company renowned for its production of frozen desserts and beverages, including ice cream and iced teas, catering to a diverse consumer base. Founded in 1931 in the US, Turkey Hill LLC specializes in frozen dairy treats and beverages. The company was acquired by Peak Rock Capital in March 2019 for USD 215 mn from The Kroger Co. Andy Jacobs serves as CEO.

Turkey Hill Dairy specializes in the production of a wide array of frozen desserts, including ice cream, ice cream novelties, and frozen drinks. Their core product offerings incorporate popular flavors and seasonal limited-edition varieties, with flagship products like their Peaches and Cream Graham Slam and various iced tea and lemonade beverages. The company targets consumers seeking quality frozen treats and refreshing drinks, catering to families, children, and adults alike across multiple demographic segments. Turkey Hill products are distributed primarily within the United States, with a strong presence in the Mid-Atlantic and Northeastern regions.

The company emphasizes sustainability, with its manufacturing plant in Conestoga, PA operating entirely on renewable energy sources, appealing to environmentally-conscious consumers. Turkey Hill Dairy generates revenue through diverse channels, including both direct-to-consumer sales and partnerships with retailers and wholesalers. Their transactions typically occur at the point of sale in grocery stores and convenience shops, where customers purchase individual products or multi-pack offerings. The company has developed strategic partnerships with various retailers, allowing them to distribute their ice cream and beverage products widely across regions.

Pricing structures for their offerings vary based on product type, with options catering to different consumer preferences and budgets. This approach facilitates accessibility while enhancing customer loyalty through quality and unique flavors. Turkey Hill plans to utilize the recent acquisition funding to develop new products and expand its market reach. The funding from the USD 215 mn acquisition by Peak Rock Capital will support the launch of innovative frozen dessert flavors and beverages targeted for release in 2020.

Geographically, Turkey Hill aims to strengthen its presence in the southern states of the US by 2022, tapping into new consumer segments and enhancing distribution channels.