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Article: Investments spur Ciao Bella expansion.
- Article from:
- Ice Cream Reporter
- Article date:
- August 20, 2008
CopyrightCOPYRIGHT 2008 Ice Cream Reporter. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Ciao Bella Gelato Company is expanding its retail distribution thanks to a significant infusion of capital from private equity firms Encore Consumer Capital and Sherbrooke Capital. The investments are supporting marketing and branding efforts and strongly affect Ciao Bella's rapid expansion into both the specialty and mainstream grocery channel. The transactions, which took place at the end of May, were represented by Livingstone Partners, a leading independent international investment banking firm, based in Chicago.
Charles Apt, Ciao Bella's COO and President, said, "We are very excited about the opportunities it will enable. In addition, Encore Consumer Capital ...
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