TMC Holdings LLC announced the acquisition of Tri-Mart Corp. in Menomonie, Wis. The transaction closed July 25, 2014.
TMC Holdings is an acquisition entity formed by an investment group to acquire wholesale distributors in the convenience store industry. TMC believes there is an opportunity to consolidate several distributors in the Midwest region into a platform that will compete effectively with the national distributors.
TMC already owns a distributor to convenience stores with a strong presence servicing the Indian Nation casinos in Wisconsin. The combined companies will have over $100 million in annual sales, and operate in Wisconsin, Illinois, Minnesota and Michigan’s Upper Peninsula.
The companies will complement each other, and have the ability to provide a very broad selection of products, as well as offering merchandising and customer technology services to their large customer base.
Tri-Mart services a territory that is approximately a 150-mile radius around Menomonie, Wisconsin and includes both Wisconsin and Minnesota.
