US: Vermont to acquire Mayer Brothers HOD business
Vermont Pure Holdings, Ltd. is to acquire the assets of Mayer Brothers Home & Office distribution division in Buffalo, New York.
The acquired division will expand Vermont Pure's spring water delivery operation and is entirely within the company's existing market in the greater Buffalo area.
Vermont Pure purchased similar distribution assets from Mayer Brothers in Rochester, New York earlier in the year. The transaction, pending certain conditions, is expected to be closed by the end of October.
"The Mayer Brothers acquisition strengthens our position and creates the leading Home & Office provider in western New York by adding an additional 7,500 customers to our existing route system," said Peter Baker, president of Vermont Pure Holdings, Ltd.
"The addition of the Mayer Brothers accounts brings our total account base to 95,000 customers and helps solidify our position as the market leader throughout upstate New York and northern New England," said Tim Fallon, CEO of Vermont Pure Holdings, Ltd.
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