Gordon Food Service Announces Agreement to Acquire Market Day
GRAND RAPIDS, MI (February 19, 2013)—Gordon Food Service announced that it has entered into an agreement to purchase substantially all the assets of Market Day, a food fundraising company headquartered in Itasca, IL. The transaction is expected to close in the next thirty days. Following the acquisition, Market Day will operate as a fundraising company of GFS Marketplace®, providing programs and solutions to help meet the needs of schools and organizations across the country.
“Market Day has a strong reputation and a solid track record of innovation in the fundraising industry. We welcome the Market Day family of employees to Gordon Food Service and look forward to working together to better serve our fundraising customers” said Jay Zylstra, President of GFS Marketplace.
Since its inception over 30 years ago, Market Day has raised more than half a billion dollars for America’s schools and communities. Their monthly program offers quality, nutritious and affordable groceries for families with at least 10% of every purchase going back to organizations and communities. Market Day’s consultative approach provides custom fundraising solutions for organizations across the country.
“Market Day is pleased and honored to join Gordon Food Service. A commitment to quality, customer service and operational excellence has been a hallmark for both organizations. We look forward to building on that foundation together to serve the fundraising needs of our communities,” said Kristine Holtz, President and CEO of Market Day. Mrs. Holtz joined Market Day in 2007 and will continue to lead the team of Market Day employees.