The company retained Evercore Group as a financial advisor to assist in a review.

You won't find any fancy feeder hoppers or blenders in Praline's Inc.'s Wallingford, Conn., ice cream processing, distribution and headquarters facility. The company believes that the old-fashioned methods still yield the best-tasting ice cream. So plant employees start with a high-quality base, then mix in the variegates and inclusions by hand.

Compared to many other ice cream processors, Wallingford, Conn.-based Praline’s Inc. runs a rather small operation. The 34-year-old company got its start with a single Praline’s ice cream store in Wallingford; it later sold that shop through a franchise agreement to exit retail and enter the ice cream-making business full time.

As another year comes to a close, many dairy processors are likely reflecting on the ups and downs of the past 52 weeks — and looking forward to the year ahead with cautious optimism. Unfortunately, none of them have access to a working crystal ball to help ensure success in 2018.