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Kroger mulls selling Turkey Hill business

US retail chain Kroger is exploring strategic alternatives for its Turkey Hill business, including a potential sale.



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Author: PetrolPlaza Correspondent Daniel Infante Tuaño

Turkey Hill, with nearly 800 workers, produces a full line of iced teas, fruit drinks, milk, frozen dairy treats, and ice cream in its Conestoga, Pennsylvania manufacturing and distribution facility.

"Turkey Hill's successful and recognizable ice cream and beverage products have the potential for greater growth outside of our company. We want to ensure Turkey Hill has every opportunity to meet its full potential," said Erin Sharp, group vice president for Kroger Manufacturing.

The company has hired Goldman Sachs & Co. LLC to identify, review and evaluate the options, according to a company release.

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