Mergers & Acquisitions
By The Online Investor Staff, updated Fri., Apr. 26, 4:25 PM
Slide #40. AMCON Distributing Company — Richmond Master Distributors, Inc.
Acquirer: |
AMCON Distributing Company (AMEX:DIT) |
Acquiree: |
Richmond Master Distributors, Inc. |
Details: |
AMCON Distributing Company ("AMCON", or the "Company") (NYSE American:DIT), an Omaha, Nebraska-based Convenience and Foodservice Distributor is pleased to announce it has signed an Asset Purchase Agreement to acquire Richmond Master Distributors, Inc. ("Master Distributors"), of South Bend, Indiana. |
AMCON Distributing engages in the wholesale distribution of consumer products. Co.'s segments are: wholesale distribution segment (Wholesale Segment) and retail health food segment (Retail Segment). Co.'s Wholesale Segment serves retail outlets including convenience stores, grocery stores, liquor stores, drug stores, and tobacco shops. Co. distributes various consumer products, including cigarettes and tobacco products, candy and other confectionery, beverages, groceries, paper products, frozen and refrigerated products and institutional foodservice products. Co.'s Retail Segment, through its subsidiary, Healthy Edge, Inc., is a retailer of natural/organic groceries and dietary supplements.
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Company Name: |
AMCON Distributing Company |
Stock buyback: |
DIT buyback |
Website: |
www.amcon.com |
Sector: |
Department Stores |
Number of ETFs Holding DIT: |
3 |
Total Market Value Held by ETFs: |
$1.62M |
Total Market Capitalization: |
$101.00M |
% of Market Cap. Held by ETFs: |
1.60% |
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April 26, 2024 4:25 PM Eastern
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