Discount Distributors is a Springdale warehouse that sells drug, health and beauty aids, general merchandise such as school and garden supplies and cigarettes and tobacco products.
Christopher H. Atayan, AMCON's chairman [image-nocss] and chief executive officer, said, "We are delighted that this acquisition will expand our distribution network in the state of Arkansas. Discount Distributor's management team has maintained excellent long-term relationships in the marketplace and will be a solid fit with our service oriented culture. With this acquisition we welcome over 300 new customers to the AMCON family. Our reliable service and expanded product offerings enhance the range of their profit making opportunities."
This acquisition will be funded through AMCON's existing credit facilities and will add a sixth branch to its system that will be located in Springdale. Fiscal 2008 sales for the assets acquired were approximately $59.8 million, according to the company.
AMCON is a leading wholesale distributor of consumer products, including beverages, candy, tobacco, groceries, food service, frozen and chilled foods, and health and beauty care products with distribution centers in Illinois, Missouri, Nebraska, North Dakota and South Dakota.
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