National Convenience Distributors has acquired Wustefeld Candy, an Albany, New York-based wholesale distributor to the convenience and grocery store industry. Financial terms were not disclosed.
Joining divisions J. Polep Distribution Services, Allen Brothers Wholesale Distribution and Harold Levinson Associates, Wustefeld becomes the latest distributor to become part of the rapidly growing NCD family. With annual revenues of approximately $3 billion, National Convenience Distributors is the fifth largest wholesale distributor to the convenience industry.
Currently led by industry veterans Robert and Bruce Finkle, Wustefeld began its operations in the late 1800s as a family-owned and -operated business and has become one of the region’s leading convenience distributors. With a reputation for dedicated customer service and on-time deliveries, the company offers an array of products including candy, snacks, tobacco products and general merchandise to its customers.
“My brother and I are proud of what our employees and we have built at Wustefeld over the years, and we are thrilled to be joining NCD,” said Robert Finkle. “Because of this merger, the breadth of products available to our customers has significantly expanded. Now that we are part of a larger organization like National Convenience Distributors, we will be able to service our existing customer base more effectively and with the same level of exceptional customer service that they expect and have enjoyed. ”
“The past year was a challenging one for almost everyone in our industry. However, I am very pleased that our organization met those challenges and delivered on a record year for the company. Wustefeld is a great addition to NCD and we look forward to building upon what their management team has developed for generations,” said Ed Berro, CEO of National Convenience Distributors.
With roots dating back more than 120 years, National Convenience Distributors is the parent entity of three main operating divisions (Allen Brothers Wholesale Distribution, J. Polep Distribution Services and Harold Levinson Associates) that service customers in 11 states.