The Wonderful Company LLC, formerly known as Roll Global, is a private corporation based in Los Angeles, California. With revenues of over $4.8 billion, it functions as a holding company for Stewart and Lynda Resnick, and as such is a vehicle for their personal investments in a number of businesses. The company currently counts as business divisions the following brands: flower delivery service Teleflora, juice company POM Wonderful, bottled water company FIJI Water, Wonderful Pistachios and Wonderful Almonds (formerly Paramount Farms), Wonderful Citrus (formerly Paramount Citrus), sea freight company Neptune Pacific Line, JUSTIN Vineyards and Winery, pest control company Suterra, and in-house marketing agency Wonderful Agency (formerly Fire Station).
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History
As of June 1, 2015, Roll Global changed its name to The Wonderful Company. As the current incarnation of the Resnicks' holding company, The Wonderful Company has a number of predecessors. The Resnicks first bought Teleflora in 1979; later they purchased a home alarm and security company called American Protection Industries. They made API their holding company, and their subsequent purchases (the Franklin Mint, Paramount agribusinesses) became subsidiaries of API. Even after they sold the underlying alarm business, they kept the name API for the holding company until 1993. In 1993, they renamed the company Roll International (later Roll Global) and continued to cultivate a changing portfolio of subsidiaries. One major divestment was the Franklin Mint, sold to a private equity group in 2006. Acquisitions included POM Wonderful and Fiji Water.
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Brands
As of January 2016, the following brands are among those of The Wonderful Company and its subsidiaries:
- Fiji Water
- JUSTIN Wines
- Landmark Wines
- Paramount Farms
- POM Wonderful
- Suterra
- Teleflora
- Wonderful Almonds (formerly Paramount Farms)
- Wonderful Citrus (formerly Paramount Citrus)
- Wonderful Pistachios (formerly Paramount Farms)
- Wonderful Sweet Scarletts
Cycling team
Roll Global sponsored the Wonderful Pistachios cycling team which competed at UCI Continental level. The team was disbanded at the end of the 2012 season.
Source of the article : Wikipedia
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