Sale of food brokerage company

  • Deal Stage:  Closed Transaction
  • Service:  Sell
  • Sector: Business Services
  • Sub-sector: Other Business Services
  • Contact Email: kyle@bccadvisers.com

Description

Hockenberg Newburgh is a food brokerage company headquartered in Urbandale, IA. With primary markets in Iowa and Minnesota it serves a fourteen-state region in the West and Midwest, offering bakery, deli, grocery, and other retail brokerage departments. Hockenberg maintains strong, longstanding client relationships developed over its more than 90 years of operation.  The company was acquired by Cruise Marketing, a food brokerage company operating in the same and adjacent markets.  The combination expands the reach of Cruise across its key markets.

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Kyle Larson
United States of America | Americas
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