Graeter’s Ice Cream Acquires Last Remaining Franchised StoresPrint
Cincinnati’s Graeter’s Ice Cream Acquires Franchised Locations in Kentucky and Indiana
CINCINNATI, OH (September 24, 2018) – Effective today, Graeter’s Ice Cream, a family-owned craft ice cream manufacturer since 1870, has executed an agreement to purchase the Graeter’s Ice Cream scoop shops currently operated by its last franchisee, Tedesco, LLC. The stores are located in Louisville and Lexington, Kentucky and Indianapolis, Indiana. The Company previously acquired all of its Ohio franchised stores in June of 2010. With this acquisition, for the first time in over three decades, all Graeter’s Ice Cream parlors will be owned and operated by the Graeter family. Customers should not notice any immediate changes in the day-to-day operations and guest experience.
“Serving our guests the best tasting, handcrafted ice cream, in family-friendly stores, is the centerpiece of who we are” said Richard Graeter, fourth-generation owner and CEO of Graeter’s Ice Cream. “ We hope to retain and rely on the current team members in our scoop shops to help us complete a seamless transition that continues to serve our loyal customers in these markets.”
“It’s been very fulfilling to be able to serve the Indianapolis, Lexington and Louisville communities under the Graeter’s brand name,” shared Jim Tedesco, the current franchise owner. “I am proud of what we accomplished in our 20-year relationship and now look forward to the next chapter in my career.”
Graeter’s Ice Cream produces craft ice cream using the small batch, artisanal, French Pot process, dating back over a century. Graeter’s has won the hearts of ice cream enthusiasts across the country as well as the respect of the nation’s most influential foodies. Winner of the 2015 Munchie Award for best ice cream in the United States, and publicly recognized by celebrities, People Magazine and local magazines as the city’s “best ice cream”, the Cincinnati-based company remains family-owned and operated and continues to handcraft ice cream 2½ gallons at a time. Today, Graeter’s has more than 50 retail stores and ships over 300,000 pints annually for online mail order sales. Graeter’s can also be found in more than 6,000 grocery stores in 46 states.