Otis Spunkmeyer Inc has acquired Van-Merkel Inc, a manufacturer and distributor of frozen cookie products doing business as Chippery.
Founded in 1984 as a retail cookie chain, Chippery now manufactures frozen cookie dough and thaw-and-serve cookies in a single 97,000-square-foot facility in Austin TX. It serves national and regional restaurant chains, hotel chains, stadium and sports arenas, schools, and other large-scale institutions.
Otis Spunkmeyer manufactures, markets, and distributes frozen cookie dough, pre-baked muffins, and other baked goods to foodservice accounts and food retailers.
Combined, the companies generate revenues of about $425 million.
