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McLane

McLane Company Lands Kum & Go Convenience Stores

(BRK.A), (BRK.B)

McLane Company Inc., a Berkshire Hathaway-owned supply chain services company, has announced that Kum & Go, one of the nation’s most respected convenience retailers, has reached an agreement for McLane Company to serve as its grocery wholesaler effective in the second quarter of 2018.

Established in Hampton, Iowa, in 1959, Kum & Go has grown to employ more than 5,000 associates in more than 400 stores in 11 states (Iowa, Arkansas, Colorado, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oklahoma, South Dakota and Wyoming).

“McLane’s commitment to technology and operational excellence will be critical as we work together to develop and implement solutions benefitting our customers and associates,” said Chris Jones, senior vice president of marketing at Kum & Go.

Under the multi-year agreement, McLane will begin servicing all Kum & Go stores in early spring of 2018. Kum & Go LC manages and operates more than 400 stores across 11 states.

“Kum & Go is an organization focused on bringing the best product offerings and innovation to its stores so its associates can deliver more than their customers expect. Kum & Go, like McLane, understands the value teamwork brings to the success of a company. On behalf of all the teammates of McLane Company, we are honored to be chosen to not only service Kum & Go, but to work hand-in-hand and implement solutions that bring great value to both organizations,” said Tony Frankenberger, president of McLane Grocery.

© 2017 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.