Johnson, O’Hare to Purchase Mid-Atlantic Impact

Billerica, MA - January 7, 2010

The Johnson, O’Hare Company, a leading regional independent food brokerage company in the Northeast is pleased to announce that they have reached an agreement in principle to acquire Mid-Atlantic Impact (MAI) Food Brokers of Tamaqua, PA. A new company, JO’H PA, will be formed and be fully integrated into Johnson, O’Hare. Gary Larkin and Jan Gabriel of MAI will manage JO’H PA and the office will remain in Tamaqua.

Chip O’Hare, President and CEO of Johnson, O’Hare, commented, “The acquisition will formally fold MAI into the Johnson, O’Hare family of companies. This consolidation is a win-win for both companies.” John Saidnawey, Chief Operating Officer of JO’H, said, “We’ve been working together seamlessly for the past seven years as members of JO’H Atlantic Partners and are excited to bring this relationship to a higher level. Gary, Jan and their team have been an essential part of the JO’H network and have delivered superior results. We are thrilled to welcome them to Johnson, O’Hare.”

Gary Larkin, President of MAI commented, “Formally joining forces with JO’H will make us stronger in our market and allow us to continue our commitment to excellence in these changing times and circumstances. We look forward to a bright future for our clients and customers as a result of the formation of this new venture.”

Johnson, O’Hare will operate fully integrated offices in New England, Albany, Metro NY and Eastern PA. JO’H Produce PA will continue to have an office in Glenside, PA. JO’H Atlantic Partners, a tightly linked affiliation of independent brokers in Buffalo/Syracuse/Rochester and Balt/Wash/Richmond, complete the coverage of the Mid-Atlantic and Northeastern customer base. JO’H offers local ownership and superior performance to cover all departments and classes of trade throughout their marketing area.

A closing date of January 30th is expected. For more information call Chip O’Hare or John Saidnawey at Johnson, O’Hare at 978-663-9000 or Gary Larkin or Jan Gabriel at JO’H PA at 570-668-1282.

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