Capitol Food Company Acquires Allied Sales & Distribution, Inc.
February 27, 2022
Capitol Food Company acquired the assets and goodwill of Allied Sales & Distribution, Inc., effective February 27, 2022. Allied, a Vernon, California-based specialty bakery ingredient distributor and third-party storage/logistics provider with more than 53 years of history, will be integrated to expand CFC's warehousing, distribution footprint and product offering in the bakery and functional food ingredients market.
- Buyers
- Capitol Food Company
- Targets
- Allied Sales & Distribution, Inc.
- Sellers
- Allied Sales & Distribution, Inc., Gregg Nevens
- Industry
- Food & Beverage
- Location
- California, United States
- Transaction Type
- Buyout
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