Roll Global is a private corporation

Privately held company

A privately held company or close corporation is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock to the general public on the stock market exchanges, but rather the...

 based in Los Angeles

Los Ángeles

Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...

, California

California

California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...

. With revenues of over $2 billion, it functions as a holding company

Holding company

A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...

 for Stewart and Lynda Resnick

Lynda Resnick

Lynda Rae Resnick is an American entrepreneur and businesswoman. Resnick is married to Stewart A. Resnick, who is also her business partner. Through their holding company they own the POM Wonderful and FIJI Water brands, the Teleflora floral wire service company, large industrial citrus and nut...

, 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

Teleflora

Teleflora is a floral wire service company which brokers orders to local florists for delivery. Headquartered in Los Angeles, California, it offers what it describes as florist-to-florist clearinghouse services; these enable sale and delivery of eligible products to be independent of one another....

, juice company POM Wonderful

POM Wonderful

POM Wonderful, LLC is a privately owned company which markets an eponymous brand of beverages and fruit extracts. It was founded in 2002 by the billionaire industrial agriculture couple Stewart and Lynda Rae Resnick. They are also affiliated with the companies Teleflora, FIJI Water, pesticide...

, bottled water company Fiji Water

Fiji water

thumb|right|FIJI Water for sale in a deli.FIJI Water is a U.S.-based business and brand of bottled water derived, bottled, and shipped from the Fiji Islands. It is available in 330ml, 500ml, 1 liter and 1.5 liter bottles...

, fruit and nut companies Paramount Farms (makers of Wonderful Pistachios) and Paramount Citrus, sea freight company Neptune Pacific Line, Justin Vinyards and Winery, pest control company Suterra, and in house marketing agency Fire House.

History

As the current incarnation of the Resnicks' holding company, Roll Global has a number of predecessors. The Resnicks first bought Teleflora in 1979; later they purchased an home alarm and security company called American Protection Industries. They made API their holding company, and their subsequent purchases (the Franklin Mint

Franklin Mint

The Franklin Mint is a private corporation founded by Joseph Segel in 1964. The private mint operated from Wawa, Pennsylvania but that operation has now closed...

, 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.