Klein Candy, Core-Mark merge distribution networks.(NEWS)

Candy Business, July, 2006

SOUTH SAN FRANCISCO, CA -- The candy distribution networks of Core-Mark Holding Co., Inc. and Klein Candy Co. LP have merged in a $65 million deal that folds Klein's operations into Core-Mark's. The merger is seen as crucial to Core-Mark's efforts to extend its reach.

Michael Walsh, Core-Mark CEO, says the transaction is "a critical step in providing national service as part of our quest to be the leading distributor to the convenience industry in North America."

Core-Mark services about 20,000 retail outlets in 38 states and five Canadian provinces. The Klein deal extends the company's reach in the Midwest and on the East Coast, adding coverage in Pennsylvania, Michigan, New York, New Jersey, Connecticut, Maryland, Delaware, Washington, DC and...

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