GS Foods acquires Connecticut-based food distributor Thurston Foods
GS Foods Group, a US-based specialized food distributor owned by affiliates of Highview Capital and A&M Capital Partners, has acquired Thurston Foods for an undisclosed price.
Based in Wallingford, Connecticut, Thurston Foods is a full-service food distributor.
With over 50 years of industry expertise, GS Foods is said to encompass a collection of specialist foodservice companies that offer food distribution and products across the US.
The company’s acquisition of Thurston Foods is its largest to date, and will considerably increase its presence throughout the Northeastern region. This is expected to enable GS Foods to reach more customers to supply products for end-markets such as education, foodservice, and retail.
Sean Leer — CEO of GS Foods said: “The acquisition of Thurston Foods is another important step in GS Foods’ continued expansion as we work to reach more customers nationwide with leading product offerings and our unique expertise.
“We are pleased to welcome a like-minded company and incorporate trusted industry leadership to GS Foods, who we know shares our commitment to customers and dedication to providing the best service possible.”
Thurston Foods, which was founded in 1947, is said to distribute more than 7,500 products to cater to various sectors of the foodservice sector including hospitals, schools, restaurants, health care facilities, and others.
The current service regions of Thurston Foods include Connecticut, Massachusetts, New York, Rhode Island, Maine, Vermont, New Jersey, and New Hampshire.
Moving forward, Thurston Foods’ leadership team is expected to work in close collaboration with GS Foods as the two firms anticipate a smooth change and continual operational excellence in the interests of the existing customers and the surrounding community of the former.
Peter Malone — CEO of Thurston Foods said: “Thurston Foods has experienced tremendous growth since the company opened its doors nearly 75 years ago and has earned its position as one of the Northeast’s leading distributors.
“With deep investments in our local community, we take our role as a good corporate neighbor very seriously and work to ensure our customers receive the products they need. We believe our partnership with GS Foods is the next chapter in fulfilling this promise as we continue to serve valued customers across the Northeast.
“We look forward to integrating with GS Foods to create new opportunities for our dedicated team members and our foodservice partners nationwide.”