“We are excited to have the opportunity to continue providing Karrys’ customers with industry leading service they have come to expect,” says Core-Mark CEO.
Core-Mark Holding Co. Inc., one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America, closed the purchase of substantially all of the assets of Karrys Bros., Limited (“Karrys”) in Canada and certain affiliates for approximately C$10 million.
Annual sales for the acquired business are approximately C$100 million.
“Karrys has been a strong presence in Canada, and we are pleased to have them join our company,” said Thomas Perkins, president and CEO of Core-Mark. “We are excited to have the opportunity to continue providing Karrys’ customers with industry leading service they have come to expect, and we are pleased to welcome a select group of Karrys’ employees to the Core-Mark family.”
