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The company became International Dairy Queen, Inc. (IDQ) in 1962. IDQ is the parent company of American Dairy Queen Corporation (often abbreviated "Am. D.Q. Corp." in the chain's legal disclaimers), Dairy Queen Canada Inc., and other entities that franchise the Dairy Queen concept. [15] [16] [17] In 1987, IDQ bought the Orange Julius chain.
Buffett personally owns 38.4% of the Class A voting shares of Berkshire Hathaway, representing a 15.1% overall economic interest in the company. [ 4 ] The company is often compared to an investment fund ; between 1965, when Buffett gained control of the company, and 2023, the company's shareholder returns amounted to a compound annual growth ...
Tastee-Freez was founded in 1950 in Joliet, Illinois, by Leo S. Maranz and Harry Axene (formerly of Dairy Queen). [2] [3] Maranz invented a soft serve pump and freezer which enabled the product, and their Harlee Manufacturing Company (a portmanteau of Harry and Leo) produced the machines which franchisees would buy and use in their respective locations. [3]
Dairy Queen [24] Food and Beverage 99% 1997/10/21 $585 Million [25] Duracell: Household Products 100% 2016/02/29 [26] $1.8 billion [27] Ebby Halliday Companies Real Estate 100% 2018/06/03 [28] Fechheimer Brothers Company Clothing 100% 1986 FlightSafety International: Business Services 100% 1997 [29] Forest River: Automotive 100% 2005/08/31 ...
In October 2018, the company was sued for trademark infringement by Bloomington, Minnesota-based Dairy Queen — owned by Warren Buffett's Berkshire Hathaway in Omaha, Nebraska and doing business as American Dairy Queen Corp. [30] — over using the term "Blizzard" and logo for its private-label bottled water.
The Icee was invented in 1958 by Omar Knedlik, a Dairy Queen owner in Coffeyville, Kansas. [3] The beverage was the result of faulty equipment in the Dairy Queen owned by Knedlik. [4] His soda machine broke and he began placing bottles of soda in the freezer to keep them cold.
This logo image consists only of simple geometric shapes or text. It does not meet the threshold of originality needed for copyright protection, and is therefore in the public domain . Although it is free of copyright restrictions, this image may still be subject to other restrictions .
An Electro Freeze 30T-RMT pressurized soft serve dispensing machine.. Electro Freeze is an Ali Group brand [1] specializing in the manufacturing of frozen dessert machines including soft serve machines, [2] shake machines, [3] slush machines, and batch freezers, [4] and is a division of H.C. Duke & Son LLC.