AWI: White Rose woes, increasing competition led to bankruptcy

An inability to realize synergies related to its 2006 acquisition of White Rose, along with “fierce” competition besetting its cooperative and voluntary wholesaling units, triggered significant financial challenges for Associated Wholesalers Inc., the distributor said in its Chapter 11 bankruptcy filing Tuesday.

AWI said it made the filing in order to facilitate an orderly sale and obtain debtor-in-possession

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