Trufoods Acquires Ritter’s Frozen Custard

Earthtimes:

Ritter’s Frozen Custard, the Indianapolis-based chain specializing in ultra-premium ice cream, was acquired by Trufoods, LLC on April 29th. As the first acquisition under Andy Unanue, Trufoods‘ new chairman and CEO, Ritter’s represents the opportunity for Trufoods to establish itself as a noteworthy force in the franchising industry.

‘I am pleased and honored to announce that Ritter’s has been acquired by Trufoods, LLC. After many months of conversations about our opportunities and successes, we feel that Trufoods and Ritter’s will make a great team moving forward,’ said Bob Ritter, Ritter’s president and CEO. As a result of the acquisition, Ritter will be transitioning into a development role, working with franchisees on the local level to explore how to best grow the Ritter’s brand. Continue reading.