San Francisco, CA – December 2, 2016 – Pacific Coast (“PCC”), a leading distributor of ingredients, raw materials and specialty products to the Food & Beverage, Wine & Beer, Personal Care, Industrial and CASE industries across the Western U.S. has completed the sale of the company to Ravago Holdings America (“Ravago”).
PCC is based in Berkeley and Los Angeles, California, and has been distributing products and raw materials to leading U.S. companies for close to 50 years. “It is exciting to have found a great company that will allow the legacy of PCC to continue for decades to come. Ravago offers our customers and employees a great opportunity to build upon the foundation my father started and that we have grown over the past five decades. This is an exciting new chapter for our employees, customers and suppliers we serve,” said Dominic Stull, CEO of PCC.
“The mission of Ravago is to have a “global presence with a local feel”. We continue to focus our efforts on cultural fit and industry expertise by providing resources to build a world class North American specialty distributor network,” said Jim Duffy, President and CEO of Ravago Americas.
Aspect Consumer Partners, a leading consumer products M&A, strategic and corporate finance advisory firm, acted as exclusive financial advisor to PCC in connection with the transaction. Financial terms of the transaction were not disclosed.