WEST CHESTER, PA—A joint venture of Concord, ON-based Infinity Asset Solutions and New Mill Capital Holdings of New York has acquired the former Hain Celestial frozen food production plant in West Chester, PA. The acquisition includes the real estate as well as all cold storage equipment and infrastructure.

Designed, built and occupied exclusively for frozen food production, the 134,010 square foot facility provides immediate capacity for refrigerated or frozen food manufacturing. The plant offers significant infrastructure including an ammonia refrigeration system with nine compressors, 11,900 square feet of -20 degrees Fahrenheit-capable frozen storage, nearly 58,000 square feet of refrigerated production space and bulk dry ingredient storage with three silos.

“This acquisition is in line with our strategy of identifying underutilized, high quality food processing facilities that can be retrofitted for modern users,” says Leslie Amoils, president of Infinity Asset Solutions. “The West Chester plant represents a compelling opportunity to restart food production and storage in a strategically located area. Potential users will be attracted to the area's strong labor force and easy access to highways and rail systems in a property that can be acquired significantly below replacement cost.”