Blue Bell Creameries says Fort Worth investor and philanthropist Sid Bass has become an investor and partner in the Texas-based company many hope soon returns to market.
The 108-year-old company's production plants in Texas, Oklahoma and Alabama have been closed since Blue Bell issued a full recall of all products in April after the creamery was linked to 10 listeria illnesses in four states, including three deaths in Kansas.
"We are pleased Sid Bass has made a significant investment with our company. The additional capital will ensure the successful return of our ice cream to the market and our loyal customers," said Paul Kruse, Blue Bell CEO and president in a statement Tuesday morning.
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Bass, 72, has an estimated fortune of $1.6 billion, according to Forbes. The amount of his investment in Blue Bell has not been disclosed.
"We are excited to be a part of the Blue Bell brand and family," said Bass. "Blue Bell is the quality leader in the ice cream industry. We believe quality is the principle attribute that ensures the success, growth and longevity of a business."
To date, Blue Bell has not announced when they will resume production though they did announce last week they would soon begin test production in Alabama.