With the acquisition of Crossings, LS Distribution North America continues its diversification in Gourmet brand representation and enters the American market.
Lagardère Travel Retail
Paris, February 5, 2013
LS Distribution North America (LSDNA) continues its diversification in Gourmet brand representation thanks to the acquisition of Crossings, located in Worcester, MA.
LSDNA began its diversification in July 2011 with the acquisition of Euro-Excellence, which is well established in Canada as a national importer and distributor of Gourmet products since 1985.
With the acquisition of Crossings, effective January 1st 2013, LSDNA enters the confectionery and fine food market in the US, with access to a vast network of independent specialty food stores spread across the American territory. The many synergies between Euro-Excellence and Crossings will allow to propose to our present and future partners a complete offer of brand representation in North America.
Furthermore, Crossings will:
- speed up its development on the imported and specialized fine food market in the US thanks to the strong commercial synergies with LSDNA;
- expand its distribution through the LMPI distribution network (specialized retailers, airport stores…) and the food chains;
- be able to rely on the expertise of the distribution companies within the Lagardère Services Group worldwide in order to optimize its supplies and to expand its range of products.
This strategic merger makes LS Distribution North America an attractive player for foreign confectionery and fine food brands looking for future expansion in the US and Canada.
Nicolas Libbrecht, Vice-President, Sales & Marketing - firstname.lastname@example.org
LS Distribution North America is a subsidiary of Lagardère Services. Lagardère Services is present in 20 countries across Europe, North America, Asia and the Pacific. LSDNA has been present in Canada since 1968 through LMPI, its North American international press distribution operations. Since 2010, the company offers turn-key 3PL ("Third Party Logistics") solutions for local and international companies through its LS Distribution Logistics division. With the acquisition of Euro-Excellence and Crossings, LS Distribution North America is now a major player in the Gourmet products importation, distribution and brand representation.
- For more information, please visit www.ls-dna.com
Crossings has been an importer and distributor of French confectionery and fine food in the US since 1993.
The company, founded by Françoise Bureau Crook, is located in Worcester, MA. Crossings currently represents a portfolio of prestigious French brands in the US, with direct access to a vast network of independent specialty food stores (gourmet boutiques, hotels, restaurants and natural food stores) as well as gift baskets, catalogs and e-commerce websites.
The future development of the Crossings business will continue to rely on Françoise Bureau Crook and her team.
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