Amcon Distributing acquires Arrowrock Supply
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 09 2024
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Source: Business Insider
Acquisition Announcement: AMCON Distributing has announced the acquisition of Arrowrock Supply from Davis-Jones Inc., which will allow them to continue servicing customers from Arrowrock's Boise distribution center.
Operational Expansion: Following the acquisition, AMCON will operate approximately 8,000 locations across 14 distribution facilities in 34 states, with the transaction expected to close in the second quarter of fiscal 2025.
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About DIT
AMCON Distributing Company is a convenience and foodservice distributor of consumer products, including beverages, candy, tobacco, groceries, foodservice, frozen and refrigerated foods, automotive supplies and health and beauty care products. The Company’s Wholesale Segment includes its Team Sledd, LLC and Henry’s Foods, Inc. subsidiaries, which distributes consumer products and provides a full range of programs and services to its customers. It operates over 13 distribution centers in Colorado, Illinois, Indiana, Minnesota, Missouri, Nebraska, North Dakota, South Dakota, Tennessee and West Virginia. It serves customers primarily in the Central, Rocky Mountain, Great Lakes, Mid-South and Mid-Atlantic regions of the United States. Its Retail Segment, through its Healthy Edge Retail Group subsidiary, is a specialty retailer of natural/organic groceries and operates 15 retail health food stores under the Chamberlin’s Natural Foods, Akin’s Natural Foods, and Earth Origins Market banners.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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