Six years after it almost went down, Darrell Lea plans to expand into ice cream and muffins

After being on the verge of collapse in 2012 with a bleak future ahead, Darrell Lea has returned and is now looking to expand into ice cream and muffins.

After being on the verge of collapse in 2012 with a bleak future ahead, Darrell Lea has returned and is now looking to expand into ice cream and muffins.

The Australian brand is now better than ever, after it was rescued by Queensland businessmen, Tony and Christina Quinn.

Under the name of their company Quadrant Private Equity, the couple has built the business in the last six years, and now it is looking to expand from its iconic chocolates, licorice and sweets.

After being on the verge of collapse in 2012 with a bleak future ahead, Darrell Lea has returned and is now looking to expand into ice cream and muffins.

After being on the verge of collapse in 2012 with a bleak future ahead, Darrell Lea has returned and is now looking to expand into ice cream and muffins.

Research has shown that customers are interested in summer treats, and the company plans to bring ice cream again in the warmer months.

Darrell Lea CEO Tim York said the company plans to partner with Everest Ice Cream to sell specialty flavors of Darrell Lea.

These include the iconic Rocklea Road, the mint nougat and the fragile peanuts.

"Darrell Lea used to have ice cream in his stalls and in some recent ice cream market studies he was one of the products that people really wanted to see put our inclusions, chocolate and fragile peanuts and other pieces like that in" Mr York said.

Darrell Lea also has an upcoming collaboration with Muffin Break and is planning to bring muffins to the menu.

After the acquisition of Quadrant Private Equity From the confectionery company, they closed all Darrell Lea stores across the country and decided to store their products at the retailers.

Research has shown that customers are interested in summer treats, and the company plans to bring ice cream again during the summer

Research has shown that customers are interested in summer treats, and the company plans to bring ice cream again during the summer

Research has shown that customers are interested in summer treats, and the company plans to bring ice cream again during the summer

CEO Tim York (pictured right) said the company has plans to partner with Everest Ice Cream to sell specialized flavors

CEO Tim York (pictured right) said the company has plans to partner with Everest Ice Cream to sell specialized flavors

CEO Tim York (pictured right) said the company has plans to partner with Everest Ice Cream to sell specialized flavors

The now wide range of retailers includes supermarkets and Australia Post, ABC reported.

Mr. York said the company has experienced a big boom since the acquisition in 2012, with an increase in revenue from $ 37.4 million in 2013 to $ 81.2 million in 2017.

"If you can imagine Darrell Lea going to sell at 60 stores where once or twice a year he would enter those stores, suddenly Darrell Lea was available to people in more than 3,000 stores," York said.

The company has also recently purchased the brand of sweets, Lifesavers, from the global giant Nestlé.

This means that the polo favorite will be held in Australia for the first time in almost 20 years.

York also said the company is looking to expand its exports, since it is currently the third licorice company in the United States, with room to grow.

The company expects to double or even triple its licorice business in the United States for five years.

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