Vistar Corporation to Acquire Donsons Distributing, Inc.
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DENVER, April 7, 2005 -- Vistar Corporation, one of America's leading distributors of food products and related supplies, today announced it has signed a purchase agreement to acquire Donsons Distributing, Inc. The purchase is expected to close by the middle of April. Located in Denver, Colorado and founded in 1957, Donsons is a leading independent foodservice distributor serving eating establishments, healthcare facilities, schools and institutions.
George Holm, president and chief executive officer of Vistar, said, "Our strategy in this market is to operate two great businesses. The acquisition of Donsons will offer us two facilities in Denver allowing us to better service our distinctive customer bases, specialty markets and foodservice, along the Front Range."
Ed Schans, president and chief executive officer of Donsons, said, "We see great opportunities for the two companies to capitalize on each other's strengths and to jointly accelerate our growth creating a formidable presence in the marketplace." About Vistar Corporation
Denver-based Vistar Corporation is a leading distributor of food products and other supplies to targeted specialized segments of the away-from-home food market: pizza and Italian restaurants, vending operators, theatres, sandwich chains, office coffee service operations and arena and concession operators. In addition to distributing third-party products, Vistar distributes a line of in-house brands, including the "Ultimo! Supreme" brand of deli meats and tomato products and the "Ultimo!" brand of pizza ingredients. It also recently purchased the Roma brands including "Piancone", "Assoluti", and "Roma". Vistar employs approximately 3,400 people and operates 38 distribution centers throughout the United States. For more information, please visit www.vistarvsa.com
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