Monterrey Provision Company Acquired by KeHE

18 Feb, 2016, 11:00 ET from KeHE Distributors, LLC

SAN DIEGO, Feb. 18, 2016 /PRNewswire/ -- Monterrey announced today that it was acquired by KeHE - a Naperville, IL-based national leader in natural, organic and specialty fresh food distribution across the United States and Canada. The coming together of Monterrey and KeHE creates a national powerhouse in the specialty, natural & organic, and fresh perimeter distribution channels.

KeHE recognizes the fresh perimeter as one of the most exciting and dynamic spaces in the retail environment. "We view the perimeter as an essential element of our future growth strategy. The acquisition of Monterrey enables us to gain a greater national footprint in the perimeter, similar to the advantages we gained in the organic business with the acquisition of Nature's Best in August 2014," stated Brandon Barnholt, KeHE President & CEO.

The combination of KeHE & Monterrey brings together two of the fastest growing and most respected companies in the retail grocery space.  The unified company is a national distributor with a wide reservoir of the best people, products and supply chain solutions in the industry.  

Luke Abbott, Monterrey's President and CEO said, "Joining the KeHE family leapfrogs Monterrey by years in our ability to extend our excellence in fresh perimeter distribution to the entire country. Further, KeHE and Monterrey couldn't be better cultural fits for each other."

About Monterrey
Monterrey Provision Company is a San Diego, CA- based, super-regional, distributor that focuses on the perimeter departments at retail grocery stores. Monterrey is a family-owned company with over four decades of experience and a trusted partner to leading retailers across the country.

About KeHE
KeHE Distributors, LLC (KeHE) provides Natural & Organic and Specialty products to natural food stores, chain grocery stores, independent grocery stores and other specialty product retailers throughout North America. The company acquired Nature's Best in August 2014. KeHE is an employee-owned company with over 4,500 CareholdersTM in the U.S. and Canada. For more about KeHE, visit www.KeHE.com

Media Contact: Luke Abbott
Monterrey, President & CEO
Email: lukeabbott@monprov.com

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SOURCE KeHE Distributors, LLC



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