HP Hood LLC has agreed to purchase Brigham’s Ice Cream Inc. through its Lynnfield, Mass.-based subsidiary.
Hood will acquire the Brigham’s brand name and all products, proprietary flavors and recipes.
In a separate deal, Brigham’s has agreed to sell its 28 retail outlets and restaurants to Baltimore-based Deal Metrics LLC.
Brigham’s announced last month that it was exploring various strategic options, including a possible sale. The company said then that it was trying to compete against bigger ice cream brands while dealing with rising prices for fuel and ice cream ingredients such as milk.
The 40 people who work at Brigham’s headquarters and production plant in Arlington will lose their jobs, Brigham’s spokesman Doug Bailey said.
Another 100 or so employees who work at the company’s restaurants are expected to keep their jobs under the new management.
3 Comments on “Brigham's Sells to Hood”
Too bad. I will always miss Brighams.
Too bad. I will always miss Brighams.
Too bad. I will always miss Brighams.