SOFCO is a specialty distributor of janitorial/sanitary, healthcare, industrial packaging and paper products in the Northeastern United States. The buyer is a wholly-owned subsidiary of Bunzl plc, the United Kingdom-based international distribution and outsourcing company.
In a related story, Ahold, the Holland-based parent multinational owner of the second largest U.S. distributorship, is expected to report second-quarter net profit of EUR126 million (US$157.25 million), according to a Dow Jones poll of six analysts. Range of estimates is EUR108 million-to-EUR145 million (US$134.7 million
Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.