GrubMarket Completes Acquisition of Chasin Foods
SAN FRANCISCO, CA - If there’s one thing we can count on, it’s that GrubMarket will always be on the lookout for the latest strategic acquisition opportunity. In fact, when you search “GrubMarket” on the ANUK site, each search result revolves around acquisitions! Much to our delight, we learned of the company’s latest acquisition earlier this week when GrubMarket scooped up food distributor Chasin Foods.
“Chasin Foods is an incredibly well-respected and highly-regarded wholesale distributor in the Southern California region. We look forward to working closely together, and we are thrilled to welcome both Derek and Roger Chasin into the GrubMarket Family,” stated Mike Xu, CEO of GrubMarket.
The Chasin Foods team, which will keep its current leadership team of Derek and Roger Chasin, is highly-experienced in working with a vast portfolio of clients, including marketers, manufacturers, jobbers, schools, chain restaurants, single-unit restaurants, and large institutional accounts across Southern California.
Chasin Foods’ headquarters will remain in Southern California, as reported in a press release.
“GrubMarket recognizes the corporate values and philosophies of Chasin Foods, and they respect our focus on world-class customer service,” noted Derek Chasin, CEO of Chasin Foods. “Our company mindset will stay with us as we leverage this new relationship to reach more customers looking for an exceptional overall service.”
As Chasin Foods seeks its own expansion, it will be able to leverage GrubMarket’s supply chain network. Additionally, GrubMarket will be able to leverage Chasin Foods’ expertise to further bolster and grow its existing supply chain capabilities.
So, who will be next to join GrubMarket’s diverse portfolio of companies? As the wholesale leader continues to keep us guessing, stay tuned to AndNowUKnow for the most recent updates.