AMCON Distributing Company Announces Strategic Investment in Team Sledd
AMCON Distributing Company (DIT)
NASDAQ:AMEX Investor Relations:
amcon.com
Company Research
Source: Business Wire
OMAHA, Neb.--(BUSINESS WIRE)--AMCON Distributing Company (“AMCON”) (NYSE American: DIT) an Omaha, Nebraska based consumer products company is pleased to announce that it has agreed to make a strategic investment in Team Sledd which is headquartered in Wheeling, West Virginia. Team Sledd has annual revenues of approximately $600 million and serves the West Virginia, Pennsylvania, Ohio, Virginia, Kentucky, Maryland, and Delaware markets.Robert Sincavich and Randy Emanuelson, co-owners of Team Sledd, will retain a majority interest in Team Sledd and continue in their roles as President and Vice President, respectively. Team Sledd employees will continue in their current capacities guided by the same philosophy and commitment to retail partnership as they have in the past. “We are delighted to support Rob and Randy with this investment to provide growth capital for the Team Sledd enterprise, said Christopher H. Atayan, AMCON’s Chairman and Chief Executive Officer. Mr. Atayan further n
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