Texas Billionaire Makes ‘Significant Investment’ in Blue Bell, Ice Cream Company Marred by Listeria Scandal

Texas Billionaire Makes ‘Significant Investment’ in Blue Bell, Ice Cream Company Marred by Listeria Scandal
Texas Billionaire Makes ‘Significant Investment’ in Blue Bell, Ice Cream Company Marred by Listeria Scandal

‘We believe quality is the principle [sic] attribute that ensures the success, growth, and longevity of a business,’ Sid Bass said in a statement.

Blue Bell Creameries — the Texas-based ice cream company that is only now gearing up for production after recovering from a major listeria scandal that lead to three deaths and the subsequent recall of its entire product line —  has received a major investment from Sid Bass, a local billionaire and philanthropist.

“We are pleased Sid Bass has made a significant investment with our company,” announced Blue Bell CEO Paul Kruse. “The additional capital will ensure the successful return of our ice cream to the market and our loyal customers.”

Bass, who comes from a family of oil tycoons, continues to operate the oil company Bass Operating with his family, and has an estimated net worth of $1.66 billion.

“We are excited to be a part of the Blue Bell brand and family,” Bass said in a statement. “Blue Bell is the quality leader in the ice cream industry. We believe quality is the principle [sic] attribute that ensures the success, growth, and longevity of a business.”

Related Links
Blue Bell Knew About Listeria as Early as 2013 but Failed to Act, USDA Finds Blue Bell Recalls All Ice Cream After 3 Deaths Linked to Listeria ContaminationBlue Bell Pledges to ‘Reassess Everything’ as CDC Ends Listeria Investigation Following Listeria Scandal, Blue Bell Fires 37 Percent of WorkforcePeople Are Selling Listeria-Tainted Blue Bell Ice Cream Online

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