SINGER EQUIPMENT ACQUIRES M. TUCKER

Singer Equipment Co., one of the country’s largest E&S distributors, has acquired the assets of M. Tucker, the leading dealer in the greater New York City market. The Elverson, Pa., company’s acquisition, announced June 17, expands Singer’s full distribution and market coverage from Connecticut to Maryland.

Paterson, N.J.-based M. Tucker offers foodservice equipment, tabletop, disposables and smallwares to major restaurant and foodservice operators. Stephen Tucker and Marc Fuchs will continue on as the executives leading the new division, which will operate as M. Tucker, a division of Singer NY, LLC.

"With the addition of the M. Tucker distribution center in Paterson to our distribution network, and the addition of the experienced and knowledgeable M. Tucker sales force, the combined company will be able to provide distribution solutions to customers over a much broader geography,” stated Fred Singer, president and CEO. “We strive to be the most responsive and knowledgeable foodservice equipment and supplies distributor in the country. M. Tucker is known for a similar focus on delivering outstanding service to its customers. We welcome the M. Tucker team and look forward to growing the business," he added.

"We look forward to partnering with Singer," said Stephen Tucker, president of M. Tucker. "Our customers can expect the same great service and an even broader line of inventory, especially in equipment. This is a wonderful opportunity to recognize greater efficiencies and bring new opportunities to our customers and employees.”

Tucker Exec. V.P. Marc Fuchs added, “We are excited about the prospects that this partnership brings to our customers, expanding on our traditions of service, responsiveness and expertise.”

Singer is the largest foodservice E&S dealer in the mid-Atlantic market, with 2010 sales of more than $125 million, according to verified information from FER‘s “Top Dealer Report,” published in June. The company also provides nationwide service to chain restaurants and contract feeders. With this acquisition, the entity would have had combined sales of approximately $185 million last year, making it one of the five largest dealers in the country.

It will likely grow larger. “Singer will continue to look for other strategic acquisitions that enhance our ability to service key markets and customers,” says Singer.

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