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Cohn. The brothers began purchasing regional wholesale grocery companies to supplement
Continental Coffee's national coffee business. In 1970, Continental Coffee Company went public. In 1973, Continental Coffee Company changed its name to CFS Continental, Inc. to reflect the growing importance of foodservice to their traditional coffee business.
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and equipment; wholesale grocery sales force; NCD Detergents; the Gregg's Food
Products/ Re-Mi Group, which manufactured more than 350 food items such as salad dressings and puddings; Continental Coffee; the Interstate Foods Group (shortening); and Fresh Start Bakeries, which produced hamburger buns and English muffins for
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The wholesale food distributor started in 1915 by Jacob Cohn (b. 1894, d. 1968) in
Chicago as the Continental Coffee Company. Cohn began by selling coffee by horse and wagon to small restaurants in Chicago. By 1967, the Continental Coffee was led by brothers Alvin Cohn (b. 1921, d. 1994) and Robert
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for $ 360 million. Not forgetting the owners had to give over 50% of their profit to taxes and debt. Sysco generated sales of $ 3.7 billion (1987) and CFS Continental generated sales of $ 2.4 billion (1987). CFS Continental operations purchased by Sysco included all brands, distribution facilities
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bought the two manufacturing divisions that supplied McDonald's Corp.: Interstate Foods Group (shortening) and Fresh Start
Bakeries to (price not disclosed). The shortening manufacturing facilities were located in Chicago and Los Angeles. The Fresh Start bakeries were located California,
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purchased A.E. Staley
Company for $ 1.42 billion. The owners in this second purchase came from southern Illinois. To help finance the A.E. Staley acquisition, Tate & Lyle pre-sold CFS Continental to the foodservice giant
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from Tate & Lyle, Sysco had pre-sold the non-core manufacturing businesses. Quaker Oats purchased
Continental Coffee (undisclosed price). Fresh Start Foods, a management buy out team financed by
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for $ 360 million. The owners, in the
Chicago area, had to give over 50% of their profit to taxes and debt. After the acquisition, A.E. Staley changed its name to Staley Continental.
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Sysco was primarily interested in CFS Continental's wholesale grocery business and therefore, prior to the purchase of
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In 1985, CFS Continental, Inc. with $ 1.6 billion in annual sales was purchased by the soybean and corn processor
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was a wholesale food distributor started in 1915 by Jacob Cohn (b. 1894, d. 1968) in
Chicago as the
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47:
215:"Nordlund: man behind Staley-CFS Continental deal – Donald Nordlund Nation's Restaurant News"
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Corp. CFS Continental distribution and sales force were particular strong on the west coast,
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283:"Business Brief -- Borden Inc.: Firm Buys Unit of SYSCO, Slates a Second Acquisition".
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bought Gregg's Food
Products/Re-Mi Group. NCD Detergents, INC. was sold to
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George
Lazarus (Sep 16, 1988). "QUAKER TO PICK UP COFFEE, TEA, COCOA".
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177:. Sysco raised an estimated $ 250 million in the divestiture of the
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Steven Morris (Nov 12, 1988). "FRESH START BUYS 3 STALEY UNITS".
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238:(Jun 7, 1988). "TATE & LYLE TO SELL CFS TO SYSCO CORP".
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Catering and food service companies of the United States
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330:Food and drink companies disestablished in 1988
320:Business services companies established in 1915
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149:where Sysco did not have a strong presences.
87:Foodservice, baked goods, wholesale groceries
310:Food and drink companies established in 1915
287:(Eastern ed.). Dec 13, 1988. p. 1.
272:(NORTH SPORTS FINAL, C ed.). p. 8.
198:"Name Change Is Approved, CFS Continental".
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335:1988 disestablishments in Illinois
315:Defunct companies based in Chicago
242:(NATIONAL, C ed.). p. 1.
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325:1915 establishments in Illinois
123:In 1988 British food processor
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213:Don Jeffrey (Nov 5, 1984).
202:. Feb 13, 1973. p. 56.
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98:Continental Coffee Company
16:Wholesale food distributor
181:manufacturing divisions.
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57:1915; incorporation: 1966
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48:Foodservice Distribution
94:CFS Continental, Inc.
100:. It is now part of
285:Wall Street Journal
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158:Berkshire Partners
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179:CFS Continental
154:CFS Continental
125:Tate & Lyle
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20:CFS Continental
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218:. Retrieved
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74:Headquarters
34:Company type
220:February 9,
171:Borden Inc.
145:and in the
118:A.E. Staley
299:Categories
185:References
135:McDonald's
65:Bought by
139:Minnesota
84:Products
44:Industry
236:Liz Sly
143:Chicago
108:History
78:Chicago
69:in 1988
54:Founded
175:Ecolab
167:Hawaii
163:Kansas
38:Public
130:Sysco
102:Sysco
67:Sysco
222:2011
62:Fate
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165:,
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104:.
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