Dive Brief:
- Amcon Distributing Company is acquiring fellow wholesale convenience distributor Henry’s Foods, Inc., according to a Friday press release.
- Alexandria, Minnesota-based Henry’s Foods will continue to operate under its own name as a subsidiary after the acquisition closes in Amcon’s fiscal second quarter of 2023.
- The agreement gives Amcon’s customers access to Henry’s “high-quality foodservice” while Henry’s customers gain access to Amcon’s “customer-centered suite of services.”
Dive Insight:
Omaha, Nebraska-based Amcon and its subsidiaries distribute c-store staples like candy, tobacco, car supplies, groceries and frozen goods, as well as foodservice and health and beauty items, from distribution centers in Illinois, Missouri, Nebraska, North Dakota, South Dakota, Tennessee and West Virginia.
Amcon also runs 19 health and natural product stores in the Midwest and Florida via its Healthy Edge Retail Group.
Henry’s, which was founded almost a century ago, also sells an array of staples like candy, tobacco, foodservice items and groceries. The company serves customers in Minnesota, Eastern North and South Dakota, Northern Iowa, and Western Wisconsin. It also offers a variety of branded foodservice offerings, such as Teco’s Tacos, Henry’s Homestyle Pizza and Bunn coffee, including bean to cup.
Kellie Janssen will continue to serve as Henry’s president after the merger.
“Kellie Janssen’s unwavering commitment and dedication to customer service is a shared value between Amcon and Henry’s and is ultimately the foundation to build an exciting business for the future,” Andrew C. Plummer, Amcon’s president and chief operating officer, said in the release.
With very little geographic overlap, the tie-up will extend the reach of both companies.
“Our organization is excited about this transaction as together we will be able to add increased capabilities for Henry’s customers,” said Janssen. “We now have the enhanced facilities, capacity and geographic reach to serve our customers as they grow.”
