Two industry leaders combine expertise to provide innovative coffee solutions for foodservice customers
Core-Mark Holding Company, Inc. (NASDAQ: CORE), one of the nation’s largest distributors and marketers of fresh and broad line supply solutions to the convenience retail industry in North America now joins Boyd Coffee Company, with a 115-year history in the coffee industry, to expand its coffee and beverage-based solutions. Founded in 1888, Core-Mark is an industry leader for product, technology, and marketing programs to over 35,000 North American customers.
This strategic partnership brings together two companies, both possessing a rich heritage and high degrees of respective expertise, to focus on leading edge programs and better solutions for the coffee and beverage arena today and in the future.
“This newly created strategic partnership with Boyd Coffee Company will enable Core-Mark customers to be able to offer the finest tasting, visually appealing and consumer relevant product offering in the industry,” said Chris Hobson, Senior Vice President Sales and Marketing for Core-Mark. “Boyd’s is a proven winner with world-class experts in the coffee category. We will work hand-in-hand as partners as we bring awareness to our shared customers in regards to the best coffee program they should be offering their valued consumers. Together, we will give our combined customers an even broader set of tools to drive coffee sales and profits, while staying in touch with the ever changing consumption trends of the beverage consumer. Core-Mark’s business model is to grow our customers’ sales and profits, and that is exactly what this strategic partnership will do.”
Boyd Coffee Company’s CEO Jeffrey Newman said, “This is a very positive strategic alignment that will benefit everyone—our customers, our suppliers and our respective team members—by allowing us to better serve our customers. This partnership provides a way to elevate the coffee experience for our customers by offering quality roasting and packaging, state-of-the-art brewing equipment, consumer-focused marketing and branding, and a focused training program. Our goal is to be ever-better at serving our customers’ needs in an always-evolving marketplace and to do so more effectively and efficiently. This relationship allows just that.”
About Core-Mark: Core-Mark is one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America. Founded in 1888, Core-Mark offers a full range of products, marketing programs and technology solutions to approximately 35,000 customer locations in the U.S. and Canada through 29 distribution centers (excluding two distribution facilities the Company operates as a third party logistics provider). Core-Mark services traditional convenience retailers, grocers, drug, liquor and specialty stores, and other stores that carry convenience products. For more information, please visit www.core-mark.com.
About Boyd’s Coffee: Boyd’s Coffee is one of the oldest family-owned coffee companies in the world. Founded in 1900 in Portland, Oregon, Boyd’s has a long, storied history of helping restaurants, hotels and convenience stores attract and keep customers by providing them with consistently excellent coffee, tea and other beverages.
At Boyd’s, we don’t believe that coffee bestows status or makes a statement about the person who drinks it. We believe that people are capable of making their own statements. We hold that coffee is fuel not fashion. It is what it has always been: a reward for good work, done well; and a kick in the pants to get back out there and do some more. That’s the legacy of coffee in America and that’s the Boyd’s legacy as well. For more information, please visit www.boyds.com.