WELLESLEY, Mass., June 9, 2016 -Tully & Holland, Inc. is pleased to announce its role as exclusive financial advisor to Davidson Co., Inc. of Meriden, d/b/a Davidson Specialty Foods, in its sale to C & S Wholesale Grocers, the United State's largest grocery wholesaler.
Davidson Specialty Foods based in Newington, CT, is the largest specialty food distributor within its East Coast region. The Company has over forty years of experience distributing specialty, ethnic, kosher, and kosher frozen lines. Since its advent in 1974, the Company has grown to include over 6,000 products, distributing across New England and the New York metropolitan area.
Bob and Jim Rowe will continue to manage the Davidson business, ensuring continued personalized customer service. "I can think of no finer partners than Rick Cohen and the C & S team," said Bob Rowe, President of Davidson. "Becoming part of the C & S family, the nation's leading grocery supplier and a company that shares our dedication to customer service, is very exciting and opens the door for significant growth opportunities" added Jim, Davidson's Sr. Vice President.
Tully & Holland, Inc. acted as the exclusive financial advisor to Davidson Specialty Foods in its sale to C & S Wholesale Grocer. "It was truly an honor to represent Davidson and its owners, the Rowe family, in this transaction," said Tim Tully, President of Tully & Holland. "As a multi-generational, family-owned, food business, Davidson was recognized by C & S for its best-in-class service provided to the largest and most demanding retail grocers in the U.S.," according to Tully.