Individual FoodService (IFS), a distributor of foodservice disposables and janitorial and sanitation products (JanSan distributor), has acquired Cole Supply Company for an undisclosed price.
Cole Supply, which is based in Benicia, California, is engaged in distributing janitorial, cleaning and facility supplies.
Devin Cole – owner and President of Cole Supply, commenting on Individual FoodService acquisition of Cole Supply, said: “We are delighted to work with IFS, who shares the same values as Cole in its commitment to its customers, suppliers, employees and the communities we serve.
“Together, we will continue to invest in growth, operations and personnel, all with the goal of allowing us to better serve our customers.”
The deal will grow the market presence of Individual FoodService across northern California while strengthening its JanSan business immediately due to Cole Supply’s expanded geographic reach, strong customer relationships, and extensive product and service offering.
In addition to that, Cole Supply’s clients will now get access to Individual FoodService’s portfolio of foodservice disposables, packaging, dry and canned goods.
Commenting on Individual FoodService acquisition of Cole Supply, Kenneth Sweder, Chairman of the Board of Individual FoodService, said: “Cole fits well with our strategy to grow not only organically but also via acquisition, and to partner with industry leading teams who have a strong reputation and proven track record.
“This partnership positions us to further accelerate our growth as we offer an even more broad, compelling and differentiated proposition to our customers throughout California.”