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Capitol Food Company Announces The Acquisition Of Allied Sales Distribution Inc, Effective February 27, 2022

May 10, 2022•over 3 years ago

Acquiring Company

Capitol Food Company

Acquired Company

Capitol Food Company

Description

Capitol Food Company (CFC) is proud to announce its most recent expansion in the bakery ingredients sector. On February 27th, 2022, CFC acquired the assets and the good-will of Allied Sales & Distribution, Inc. (Located in Vernon, CA).

Company Information

Company

Capitol Food Company

About

Capitol Food Company is headquartered in Cerritos, California. The company has more than 130 years of experience selling superior quality conventional and organic ingredients to the food and baking industry. Focusing primarily in the bakery products business/industry with the wholesale trade – non-durable goods sector. The Company operates a fleet of tractor trailers and has several warehouses providing excellent customer service. Inventory is available across the U.S.A., servicing an ever-expanding customer base.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed