Top Track 250

Even in winter, this company sells more than 2m litres of ice cream a week. R&R Ice Cream says it is the largest independent ice cream maker in Britain, making brands including Kelly’s of Cornwall and the Skinny Cow line of desserts. It also distributes Nestlé and Mars ice cream products, and makes products for retailers including Aldi, M&S and Tesco. The 1998 merger with Treats Group formed Richmond Foods plc. In May 2006, having taken over Nestlé UK’s ice cream business, Richmond was taken private in a £182m deal backed by Oaktree Capital, and subsequently merged with German firm Roncadin. Under chief executive James Lambert sales in 2008 reached £355m.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
CompanyR&R Ice Cream
ActivityIce cream manufacturer
LocationNorth Yorkshire
Sales £m355
Operating profit £m33.4
Main shareholdersOaktree Capital, management

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda