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Gordon Food Service said today it will purchase substantially all the assets of Market Day, a food fundraising company based in Itasca, Ill.
Following the acquisition, which is expected to close in the next 30 days, Market Day will operate as a fundraising company of GFS Marketplace, providing fundraising programs to U.S. schools and organizations. Kristine Holtz, president and CEO of Market Day, will continue to lead the Market Day employees.
“Like Gordon Food Service, Market Day started from humble beginnings," said Jim Gordon, CEO of Gordon Food Service. "Our family of employees share similar values and philosophies. Market Day’s dedication to its customers and the communities it serves is an ideal fit with Gordon Food Service’s culture and commitment to exceptional customer service.”
“Market Day has a strong reputation and a solid track record of innovation in the fundraising industry," said Jay Zylstra, president of GFS Marketplace, which operates 150 retail stores. "We welcome the Market Day family of employees to Gordon Food Service and look forward to working together to better serve our fundraising customers.”
Since its inception over 30 years ago, Market Day has raised more than half a billion dollars for America’s schools and communities. It’s best known for its monthly grocery program, which offers quality groceries with at least 10 percent of every purchase going back to organizations.
Gordon Food Service is a family-owned broadline foodservice distributor.