Associated Wholesalers Inc. said Friday that it was evaluating offers to acquire the company and its White Rose subsidiary from unnamed potential buyers. AWI said it intended to evaluate the offers but added that the discussions may not result in a sale and that it was focused on running business as usual while the process continues.
The statement confirmed industry speculation that the entire company could be sold.
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The Robsonia, Pa.-based company in June said it planned only to sell White Rose, the Carteret, N.J.-based independent distributor in a move that would allow it to return to its roots as a cooperative.
White Rose distributes to several metro New York retailers including Fairway Markets, Met Food and Pioneer.
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