Dean Foods Co. (NYSE: DF) will acquire Friendly’s Ice Cream LLC’s retail ice cream business for $155 million in cash. The sale does not include Friendly’s restaurants, which will still be backed by Sun Capital Partners Inc.

The target manufactures frozen ice cream, cakes and sundae cups that are distributed through more than eight thousand retailers. The business generated $166 million in sales in 2015 and will still operate out of its Wilbraham, Massachusetts, facilities with its management staying in place.

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