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Chipwich brands to Dreyer s Struggling CoolBrands International sold off more of itsfrozen treat empireas Dreyer sbought itspopular Eskimo Pie and Chipwich brands, seahawks jerseys the company said Wednesday.TheMarkham, Ont. based company sold the two brandsand its Real Fruit trademark to Dreyer s Grand Ice Cream for $18.9 million US. Dreyer s is a subsidiary of Swiss based Nestl.Some of the proceeds of the sale were used to repay a $5 million US debt to JP Morgan Chase. The rest Moncler down jacket Men Hooded fur collar black will be used for "working capital purposes," the company said.CoolBrands began asYogen Fruz in the 1980s. MONCLER johanna baby no Hat Kids deep purple coats Its founders brothers Aaron and Michael Serruya built itinto thethird largest ice cream Moncler Men down Hooded Camouflage Zip Green Vests Moncler down Coats Men Hooded mid-length coffee maker in North America.It changed its name in 2000, when it merged with Eskimo Pie Corp.CoolBrands Moncler garonne down Mens jackets rose red maya Zip Collar bought the Chipwich brand in 2002from a New York company.But things started to unravel in 2004, moncler lightweight jacket when the company lost the licensing rights for frozen products under the Weight Watchers and Smart Ones brands. The low carb craze moncler beanie men didn t help, either.Last year, its shares plunged to penny stock territory after itbreached a covenant in its credit agreement with JP Morgan.CoolBrands moncler winter 2014 hasn t filed quarterly financial reports since July, when it reported a nine month loss of $24.2 million on sales of $258.1 million moncler boys jacket
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