Core-Mark to acquire Klein Candy

San Francisco-based Core-Mark Holdings, one of the largest North American distributors to the convenience retail industry, has signed a definitive agreement to acquire Klein Candy for approximately $65 m. The company will incorporate the Klein operations into its existing distribution network, creating a national distribution capacity.
Core-Mark is one of the largest wholesale distributors of packaged consumer products to the convenience retail industry in North America, providing distribution and logistics services as well as marketing programs to approximately 20,000 retail locations in 38 states and five Canadian provinces through 24 distribution centers.