Core-Mark

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Core-Mark Holding Company (NASDAQCORE) is a supplier of consumer package goods to retailers in the United States.

History[edit]

Core-Mark was started in San Francisco in 1888 by the Glaser brothers. After multi-generational ownership, the Glaser family sold the Company to David Gillespie in 1974 who took the Company public by listing on the Toronto Stock Exchange in 1984. By late 1987 private equity firms were an intergral part of the ownership and the Company went private in 1989. Core-Mark remained private until June of 2002 when it was sold to Fleming. Less than one year later, Fleming filed for bankruptcy taking Core-Mark with them. By August of 2004 Core-Mark had emerged from the Flrming Bankruptcy under the direction of President and CEO J. Micahel Walsh. The company went public again in 2005 and listed on the NASDAQ stock exchange. Micahael remained the CEO until his retirement in January of 2013. His successor was Thomas B. Perkins who continues to lead the Company.

Core-Mark Holding Company, Inc.[edit]

Core-Mark is one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America. Founded in 1888, Core-Mark offers a full range of products, marketing programs and technology solutions to approximately 30,000 customer locations in the U.S. and Canada. The Company operates 30 distribution centers including two, which are operated as a third party logistics provider. Core-Mark's headquarters are in South San Francisco California and it employees about 5500 employees through-out North America. Core-Mark services traditional convenience retailers, grocers, drug, liquor and specialty stores, and other stores that carry convenience products.

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