Kitchener, ON – March 13th, 2020– Flanagan Foodservice Inc. announced it has purchased Summit Food Service from Colabor Group Inc. The acquisition will bring two great Canadian-owned foodservice distribution companies together dedicated to exceptional service, product quality and distribution solutions.
The transaction is expected to close at the end of April 2020, subject to normal closing conditions, including obtaining clearance from the Canadian Competition Bureau. The sale of Summit follows the consolidation of Colabor’s Ontario distribution activities into the Mississauga distribution center which was announced earlier in January.
“Summit is a well-respected distributor with a strong track record of providing superior service, value and integrity which complements the Flanagan culture and our own commitment to quality,” said Dan Flanagan, CEO of Flanagan. “As one company, we will use our scale to enhance service to our customers and continue to offer them the difference they deserve.”
After the transaction closes, Flanagan will become the largest Canadian-owned and third largest foodservice distributor in Canada. This is the next step in the evolution and growth of Flanagan Foodservice Inc. that will lead to new and exciting opportunities for customers, suppliers and employees.
Flanagan Foodservice Inc. will also continue its efforts to advance innovative, business practices that earned it recognition as one of Canada’s Best Managed Companies for the past seven consecutive years and the 2019 Pinnacle Supplier of the Year Award.