C&S to Acquire Olean Wholesale Cooperative 7 d
In a deal continuing a trend toward consolidation in food wholesaling and distribution, C&S Wholesale Grocers has signed an agreement to acquire Olean Wholesale Grocery Cooperative, the companies said.
Olean is a member-owned cooperative wholesaler based in Olean, N.Y., serving more than 270 independently owned food retail and convenience stores in central and western New York, western Pennsylvania and northeast Ohio. Financial terms were not disclosed. The deal is expected to close early next year.
The announcement continues a trend toward acquisitions in the wholesale clothing suppliers
, highlighted by United Natural Foods’ $2.9 billion takeover of Supervalu earlier this year. C&S, based in Keene, N.H., is a $30 billion wholesaler that had also bid to buy Supervalu but was outbid ... read more
Add Blog To Your Favorites!Drop shipping is a supply chain management method in which the retailer does not keep goods in stock but instead transfers the customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods dir… more...
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Created: 7 d Dec 07 2018
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