Food Services of America Acquires Yancey’s Food Service
SCOTTSDALE, Arizona. (June 13, 2012) – Food Services of America (FSA) has acquired Yancey’s Food Service of Loveland, Colo., in a deal which provides the company with complete service coverage of the western U.S.
Food Services of America is one of the top ten foodservice distribution companies in the U.S. serving a broad variety of foodservice customers throughout 15 western and mid-western states.
Yancey’s Food Service is the 37th largest food distribution company in America. It adds new service areas for FSA in Colorado and Nebraska with increased coverage in Utah, Wyoming and New Mexico.
Corporate officials cited the similarities in the two companies’ structure and culture as attractive aspects of the purchase. Terms of the transaction were not disclosed.
“As family-owned, privately-held businesses, we both have the highest commitment to customer service and a culture of integrity,” said Doug Minert, President and CEO of Food Services of America.
According to Greg Yancey, Yancey’s President, the company will now start construction on a planned expansion to its distribution center to double its capacity – a project that is necessary because of Yancey’s double digit sales growth.
“Yancey’s and FSA share a culture of providing exceptional service to ensure the success of customers,” he said. “By combining our strengths, we are confident that our customers and Associates will have the resources to thrive for the long term.” Senior management and Yancey’s employees remain at the company’s Loveland distribution center.
“Customers receive the same great service from the Associates they know and trust,” said Minert. “They also gain access to national and exclusive FSA brands as well as FSA’s suite of tools and resources that will assist our customers to successfully manage and grow their businesses.”
Food Services of America is part of the Services Group of America (SGA) Family of Companies that specializes in bringing top quality products and services to the entire foodservice industry. That family includes customized systems foodservice distributor Systems Services of America, fresh produce marketer Amerifresh, custom-cut meat processor Ameristar Meats and supply chain efficiency and transportation management and logistics expert GAMPAC.