Mount Prospect, IL (PRWEB) December 03, 2012
Diversified Foodservice Supply, Inc. (DFSI), the parent company of leading brands in the foodservice parts, supplies, equipment, and accessories distribution industry, has acquired Franklin Machine Products, Inc. (FMP), one of the industry’s most well-known and respected companies.
The addition of FMP to the DFSI portfolio adds scale to the organization and improves the customer offering for dealers, chain restaurants, and institutions. FMP will continue to operate as a leading brand in the combined company, and joins business to business brand AllPoints Foodservice Parts and Supplies as one of the more recognizable brands owned by DFSI. Current FMP President, Joe Grato, and Chief Operating Officer, Mike Conte, will continue in executive leadership positions with the company and will become shareholders in DFSI. In addition, Joe Grato will join the Board of Directors for Diversified Foodservice Supply, Inc.
“Becoming part of DFSI will create clear advantages to our valued customers and associates”, stated Joe Grato, President of FMP. “Our customers will benefit through significant scale advantages in geographic coverage, product expansion, and purchasing synergies. FMP will continue to operate as a lead brand in the DFSI portfolio, so the outstanding service that our customers enjoy today will only get better”.
“The addition of FMP to the Diversified Foodservice Supply family is incredibly exciting”, stated Mike Cate, CEO of DFSI. “FMP is recognized in the industry as a world class service provider and is clearly focused on the needs of its customers. The combination of FMP with our other brands will create scale advantages to include better geographic coverage with respect to our distribution footprint and a significantly more robust product offering, which will benefit all of our valued customers. I look forward to partnering with Joe Grato, Mike Conte and the entire FMP team as we add their expertise to the DFSI organization ”.
About Diversified Foodservice Supply, Inc.: DFSI is the parent company of multiple brands focused on the distribution of foodservice parts, supplies, equipment, and accessories. The company services many markets including restaurant equipment and supplies dealers, service agencies, restaurants, and institutions. DFSI is headquartered in Mt. Prospect, Illinois and manages operations in five distribution facilities and brand headquarters located across the United States. The combination of its geographic footprint, coupled with an expansive item profile of over 100,000 SKUs, enables DFSI to expedite delivery of products quickly to its valued customers.
About Franklin Machine Products: FMP is an industry leading distributor of foodservice repair parts and accessory items. Since 1918, the company has been exceeding its customers’ expectations in the areas of customer service and dependability. FMP prides itself on same-day shipping, world class fill rates, an expansive selection of products, and a highly trained and experienced sales staff. The fact that readers of FE&S magazine chose them as ‘Best in Class for Parts and Accessories’ each year from 2001 thru 2012 is a testament to a strong commitment to its customers. FMP has distribution centers located in Lumberton, NJ and Las Vegas, NV which house over 13,000 unique line items in 160,000 square feet of facility space.