December 10, 2013
Delaware Valley Floral Group signs Letter of Intent
to acquire certain assets of
Adam P. Zamis & Sons, in Worcester, MA
The Delaware Valley Floral Group (DVFG) has completed a Letter of Intent with Adam P. Zamis & Sons Wholesale Florist, located in Worcester, Massachusetts. DVFG will acquire certain assets of their company and complete the asset purchase agreement on December 16, 2013. Zamis & Sons has been a leading wholesale florist in New England for over 70 years. The business will be consolidated into Delaware Valley Wholesale Florist (DVFlora), a division of DVFG.
The customers of Zamis & Sons will be served from Delaware Valley’s newest distribution center located in Shrewsbury, Massachusetts. DV’s distribution centers in Shrewsbury, Massachusetts and Cromwell, Connecticut, are strategically located to serve DVFG’s growing New England customer base. Several of the key employees of Zamis & Sons will be joining DVWF and working from the Shrewsbury facility.
Jack Chidester, DVFG’s CEO, stated: “We are particularly pleased to welcome our new teammates from Zamis and Sons to the Delaware Valley Floral Group. We are privileged to be part of their heritage and through our combined capabilities extend that heritage to our New England Florists.”
Ken Wilkins, DVFG’s VP of Business Development, commented: “Zamis & Sons is a terrific company that has been in business since 1939. Throughout the years the Zamis family has built a solid reputation with New England Florists for excellent quality and service; we look forward to continuing this tradition. This acquisition will enable us to grow revenue, expand our delivery footprint in New England, and leverage our current infrastructure and operating model. We have had great success adding wholesalers to our company and remain interested in further acquisition opportunities”
Richard Zamis, Owner of Zamis & Sons added: “I’m very pleased to be joining Delaware Valley. I’m looking forward to serving our customers with all of the new products and services DV has to offer.”
About Delaware Valley Wholesale Florist:
Delaware Valley Wholesale Florist (DVFlora), a division of DVFG, for over 54 years has been providing professional retail florists with the finest in fresh cut flowers and greens, floral sup¬plies, botanicals and gourmet. Their market area includes the Mid-Atlantic and North East states, but the company also ships throughout the United States, as well as to Bermuda and the Caribbean. The company has the industry’s premier Internet presence through its e-commerce website. www.dvflora.com
About Delaware Valley Floral Group:
Delaware Valley Floral Group is one of the largest floral distribution companies in the United States. The company has four operating divisions, including; Delaware Valley Wholesale Florist, FreshBlooms, Transflora, and Flower Transfer Logistics. With corporate headquarters located in Sewell, New Jersey, the company also operates out of facilities in Edison, New Jersey; Baltimore, Maryland; Cromwell, Connecticut; Shrewsbury, Massachusetts; Miami, Florida; and Oxnard, California. www.dvfloralgroup.com
For further information, please contact:
Jack Chidester Chief Executive Officer Email: email@example.com
Ken Wilkins VP of Business Development Email: firstname.lastname@example.org