ROSEMONT, IL June 9, 2007 – Reyes Holdings, L.L.C. announced that Reinhart FoodService, L.L.C. a key division in its group of family-owned businesses, entered into an agreement to acquire the Harker's Eastern Wisconsin and Northeast Illinois sales areas further expanding its reach. The transaction is scheduled to close on June 18, 2007.
Mark Drazkowski, CEO of Reinhart FoodService, said, "We have always had great respect for Harker's as a competitor and a high-regard for its employees’ strong work ethic. We look forward to servicing its customers and welcoming many of its drivers and salespeople to our team."
Jim Harker, CEO of Harker's, said, "The move to withdraw from the marketplace in Eastern Wisconsin and Northeast Illinois is in conjunction with our choice to expand our category offerings and move to broadline distribution. We have determined that Reinhart FoodService is better able to meet the service needs of customers in that area due to the proximity of its facilities, while we realign our geographic boundaries to be in closer proximity to our corporate headquarters in Le Mars, Iowa."
Reinhart FoodService is a leading broadline foodservice distributor and one of Burger King and Subway's largest distributors in the United States. The company delivers more than 100 million cases of product to over 35,000 customers each year. It's customers benefit from one-stop shopping with prompt service of over 85,000 SKUs comprising the best national brands and Reinhart exclusive products including fresh beef, pork, poultry, seafood, produce, dairy, coffee, juice and dry groceries, deli and bakery supplies, glassware, china and utensils, paper, disposables and foodservice equipment.
