Associated Wholesalers files Ch. 11, enters purchase agreement with C&S
ROBESONIA, Pa. — Regional cooperative food distributor Associated Wholesalers and its subsidiaries, including the White Rose distribution business, has filed for bankruptcy and entered a purchase agreement with C&S Wholesale Grocers.
Under the agreement, C&S Wholesale Grocers will acquire substantially all of Associated Wholesalers’ assets, including White Rose. C&S will serve as the "stalking horse bidder" in a court-supervised auction process. Accordingly, the agreement is subject to higher and otherwise better offers, among other conditions.
Associated Wholesalers and White Rose are expected to continue operating in the normal course during the sale process.
"The addition of AWI and White Rose would expand C&S's footprint and enhance our significant capabilities in servicing independent grocers," said Rick Cohen, chairman and CEO of C&S. "AWI and White Rose have a terrific customer base, and their distribution capabilities are a natural complement to our existing portfolio. We believe we are strongly positioned to provide all of their customers with the goods and services they need to successfully run and even grow their businesses."
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Beauty brand (seed) debuts new lip oils
PRINCETON, N.J. — First, facial oils took the beauty industry by storm. Now, plant-based skin care brand (seed) is looking to rock the industry with its 100% plant-based lip oils.
“Like all of our products, the lip oils are infused with grape seed oil, which is packed with age-fighting antioxidants,” said (seed) co-founder Rebecca Gournay. “They instantly nourish and moisturize using only plant-derived ingredients.”
The new (seed) lip oils are paraben- and phthalate-free, as well as free of such known toxins and allergens as gluten, dairy and soy. Even the aromatherapy scents are courtesy of essential oils, rather than synthetic fragrance.
“Many times people who have sensitivities to what goes into their bodies also have sensitivities to what goes on their bodies,” Gournay said. “We want to make sure everyone can safely enjoy our products.”
The new lip oils are available in therapeutic and smoothing formulas, and retail for about $5 each.