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Delaware Valley Floral Group Has Reached an Agreement to Acquire Certain Assets of Pittsburgh Cut Flower Company








July 12, 2016
Delaware Valley Floral Group
Has Reached an Agreement to Acquire Certain Assets of
Pittsburgh Cut Flower Company
The Delaware Valley Floral Group, Inc. (DVFG) has reached an agreement to acquire certain assets of the Pittsburgh Cut Flower Company (PCF). The acquisition will be completed on August 1, 2016. PCF has two locations, located in Pittsburgh and Erie Pennsylvania. With corporate headquarters in
Pittsburgh, PCF is a 118-year-old wholesaler serving Pittsburgh and the surrounding areas. The Pittsburgh and Erie locations will be consolidated into DVFlora, a division of DVFG.

The customers of the Pittsburgh and Erie locations will be served through a new Cranberry, PA facility, which will become a new DVFlora Sales and Distribution Center. Bob Luthultz, President of PCF will be managing the new region for DVFlora. Salespeople and other key personnel from both locations will be joining DVFlora. Bob Luthultz, commented; “We are delighted that the members of our Pittsburgh and Erie staff will be joining DVFlora, a leader in the industry.”
Ken Wilkins, DVFG’s VP of Business Development, commented: “PCF has been a market leader in the region for over a century. They have an outstanding eputation and our two companies share many business and cultural values. We are pleased all 10 of the salespeople from the Pittsburgh and Erie locations will be joining DVFlora and will be continuing to work in their respective markets.

This acquisition will combine the deep experience of the PCF team with the proven operating model of DVFlora. Having the PCF team join DVFlora will make us a stronger company. We have had great success over the last few years joining forces with regional wholesale florists. We remain committed to our successful acquisition strategy and currently are seeking additional opportunities to grow our business through acquisition.” Jack Chidester, DVFG’s CEO, stated: “The PCF Pittsburgh and Erie locations are our ninth set of acquisitions in recent years. Along with our sales and distribution centers in Syracuse NY and Wilkes-Barre PA, which were opened in 2015, the new sales and distribution center in Cranberry, will further
support our expansion West and North in the Mid-Atlantic marketplace.”

About Pittsburgh Cut Flower Company:
Established in 1898 and celebrating its 118th year in business, PCF is one of the oldest full service wholesale floral products distributors in the USA. Through the corporate headquarters in Pittsburgh and a branch location in Erie, PCF has been a market leader serving customers in Pennsylvania, Ohio, West Virginia, and New York.

About DVFlora:
DVFlora, a division of Delaware Valley Floral Group, for over 56 years has been providing professional florists with the finest in fresh cut flowers and greens, floral supplies, botanicals and gourmet. The DVFlora market area includes the Mid-Atlantic and New England 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.

About Delaware Valley Floral Group:
Delaware Valley Floral Group, a family-owned business, is one of the largest floral distribution companies in the United States. The company has three operating divisions including DVFlora, FreshBlooms, and  Flower Transfer Logistics. With corporate headquarters located in Sewell, New Jersey, the company also
operates out of facilities in Baltimore, Maryland; Edison, New Jersey; Wilkes-Barre, Pennsylvania;Cranberry, Pennsylvania; Syracuse, New York; Berlin, Connecticut; Shrewsbury, Massachusetts; Miami,Florida; and Oxnard, California.

For further information, please contact:
Jack Chidester Chief Executive Officer Email:
Phone: 856-464-2776
Ken Wilkins VP of Business Development Email:
Phone: 856-464-2775
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