Keystone Foods Sold
The acquisition involves distribution operations in the U.S., England, France, Australia, New Zealand, South Korea, Bahrain, United Arab Emirates, Kuwait and Qatar. Prior to this acquisition, Martin-Brower was McDonald's largest distributor in the U.S., Canada, Ireland and Latin America. As a result of this acquisition, Martin-Brower will become McDonald’s largest distributor worldwide.
“This is a great day for Martin-Brower and a great opportunity to leverage our scale to deliver value for our customers with the aim of being McDonald’s most trusted and valued partner,” said Greg Nickele, chief executive officer, The Martin-Brower Company, L.L.C.
Martin-Brower is a wholly owned subsidiary of Reyes Holdings LLC, a privately owned food and beverage distribution provider.
“We are proud of our relationship with McDonald’s and believe that this acquisition demonstrates the mutual respect and commitment between our two companies,” said Chris Reyes, co-chairman of Reyes Holdings LLC. Jude Reyes, co-chairman of Reyes Holdings, commented, “We have been impressed by the Keystone employees and look forward to expanding our operations with them. We welcome the opportunity to service the customers in the tremendous markets associated with this acquisition.”
From the May 3, 2012, Prepared Foods’ Daily News