Office Snax said the acquisition will facilitate its ability to purchase products from other key snack and candy manufacturers, allowing for company growth and improved customer experience. Terms of the agreement were not disclosed.
"It is an important time to provide convenience and options to the workplace as we see more employees returning to the office," said Todd Elmers, Office Snax CEO. "This acquisition allows us to expand our product offering in order to meet increasing customer demands. We also believe it will provide efficiencies to the industry, as we will be able to consolidate these new items with our normal Office Snax shipments."
Office Snax supplies snack, candy and beverage items exclusively to the office products industry. The company’s products are available from hundreds of office products dealers and websites across the country.
Office Snax has bi-coastal distribution centers in Stockton, Calif. and Buffalo, New York. Most of its items are available for next-day delivery because its products are supported by the channel's wholesalers.
With its acquisition of Advantus Corp.'s snack and candy line, the company said it will further broaden its product selection and distribution as well as increase its customer service.
Advantus Corp. is a privately-held manufacturer of consumer, commercial, and durable goods. With product lines whose histories stretch back to 1878, Advantus Corp. is a diverse consumer products company comprised of five operating divisions, each containing a family of brands. From its 600,000 sq. ft. of owned domestic manufacturing and warehousing capacity and over 100 manufacturing and distribution partners worldwide, Advantus manufactures and distributes its products to a diverse group of retail partners.