C&S Wholesale Grocers to Acquire Edsung Foodservice Company

KEENE, N.H. & HONOLULU--()--C&S Wholesale Grocers, Inc. announced today that its wholly-owned subsidiary Hawaiian Housewares Ltd. has signed an asset purchase agreement to acquire the operations of Edsung Foodservice Company, located in Honolulu, HI.

The sale is expected to close in late April 2016, at which point the Edsung business will be consolidated into the Hansen Distribution Group, a division of C&S, providing operational efficiencies, increased purchasing power and product breadth, and opportunities for continued growth.

Edsung was founded in 1946 by Sungdai Choi as a family-owned broadline foodservice distributor. Servicing all of Hawaii, the company specializes in bakery and restaurant supplies.

“Edsung and the Choi family have maintained a very loyal customer base with their high-service business model and strong customer partnerships,” said Rick Cohen, C&S Chairman and CEO. “We are committed to maintaining Edsung’s distinctive ‘Service with Aloha’ as we welcome the employees and customers into the C&S family.”

About C&S Wholesale Grocers
C&S Wholesale Grocers, Inc., based in Keene, NH, is the largest wholesale grocery supply company in the U.S., and the industry leader in supply chain innovation. Founded in 1918 as a supplier to independent grocery stores, C&S now services customers of all sizes, supplying approximately 6,500 independent supermarkets, chain stores, military bases, and institutions with over 170,000 different products.

Contacts

C&S Wholesale Grocers
Media
Kristen Clark, 603-354-7476
krclark@cswg.com
or
Investors
Karen Blomquist, 603-354-4625
kblomqui@cswg.com

Release Summary

C&S Wholesale Grocers, Inc. announced today that its wholly-owned subsidiary Hawaiian Housewares Ltd. has signed an asset purchase agreement to acquire the operations of Edsung Foodservice Company.

Contacts

C&S Wholesale Grocers
Media
Kristen Clark, 603-354-7476
krclark@cswg.com
or
Investors
Karen Blomquist, 603-354-4625
kblomqui@cswg.com