Grand Rapids, MI — Imperial Trading Co. has purchased the stock of GRAD, Inc., parent company of S. Abraham & Sons, Inc. The company will continue operating as S. Abraham & Sons with its corporate office and distribution centers remaining in Grand Rapids and Indianapolis.
The company states all S. Abraham & Sons associates will maintain their respective positions.
According to Imperial Trading, the acquisition results in the fifth largest convenience store distributor in the U.S., with service capabilities ranging from the U.S./Canadian border to the Gulf of Mexico. Combined, the companies will supply more than 5,000 retail locations.
“With the expansion of our geography and capabilities, Imperial Trading and S. Abraham & Sons are positioned to grow exponentially by leveraging our collective strengths in a way that retailers will be offered a greater option that they have been afforded in the past,” notes John Georges, owner of Imperial Trading.
Jerry Abraham has been named president of S. Abraham & Sons and Alan Abraham will serve in an advisory capacity. Wayne Baquet will continue his role as president and CEO of Imperial Trading.
“As we looked at opportunities for the future of our company, we sought a like-minded company with similar core values and marketing philosophies. We found them in Imperial Trading,” says Alan Abraham.
“The merged company will continue to have a major presence in servicing the convenience store community and our focus will remain customer satisfaction,” adds Jerry Abraham.
“In our desire to continue and expand our growth capabilities, we found the perfect fit for us in SAS”, states Wayne Baquet. “SAS is a leader in the Midwest, providing marketing, technology and distribution solutions for their customers. We are excited to join forces and share best practices to grow our market share.” C&ST