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Golden State Foods Will Sell Selected Distribution Centers To Martin Brower
Golden State Foods (GSF), one of the largest diversified food processors and distributors in the foodservice industry, announced that it has entered into negotiations with Martin Brower Company (Rosemont, Illinois), to sell some of its distribution centers this year.
Discussions are focused on nine of GSF's 27 distribution centers. The nine under discussion are part of 11 distribution centers serving McDonald's. (GSF's 27 centers serve an array of QSR leaders). The sale would support Golden State Foods' and McDonald's strategies for growth, efficiencies and excellent customer service, which have been hallmarks of both organizations for decades. GSF, which has been a food supplier to McDonald's for more than 65 years and a distribution partner for more than 50, will continue to serve as a global manufacturer and distributor to McDonald's and to many other food industry and retail customers throughout the world.
The transaction would put GSF in a very strong financial position to accelerate its already successful strategy through reinvestment and continued potential acquisitions...
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