e-News
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Tony's Fine Foods acquires Bernard & Sons |
01.13.2012
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Tony's Fine Foods and Bernard & Sons, Inc. have entered into a definitive agreement under which Tony's will substantially acquire all of the assets of Bernard's meat distribution business. The transaction is scheduled to close on January 27, after which the assets will be consolidated into Tony's centralized distribution facility located in West Sacramento, Cal.
"This acquisition represents another step in Tony's continuing strategy of providing efficient service-oriented perishable food distribution throughout the West Coast," said Karl Berger, Chief Executive Officer of Tony's. "We believe vendors and customers will benefit from Tony's greater product reach, comprehensive and consolidated distribution and enhanced logistics and storage operations."
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Dennis Bernard, principal shareholder and President of Bernard's, added "I am excited about this transaction for both our customers and our vendors. Tony's reputation for exceptional service and integrity made them the logical choice to continue Bernard's tradition of offering the very best service along with value pricing. I want to extend my heartfelt gratitude to everyone involved in our past success."
A third generation, family-owned company in business since 1934, Tony's provides distribution and logistics services to more than 1,500 customers throughout the West Coast. Its headquarters and principal distribution facility are located in West Sacramento, California.
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