Acosta Acquires Luke Soules/Acosta Southwest.Business Editors JACKSONVILLE, Fla.--(BUSINESS WIRE)--July 2, 2003 Acosta Sales and Marketing Company has completed the acquisition of Luke Soules/Acosta Southwest to create the strongest sales and marketing force in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Acosta and Luke Soules have been working under an operating agreement An operating agreement is an agreement among limited liability company ("LLC") members governing the LLC's business, and Member's financial and management rights and duties. No state requires an LLC to have an Operating agreement. since 1999. With over 800 associates, Luke Soules is the leading sales and marketing agency serving the Texas and New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). markets. Acosta Chairman-CEO Gary Chartrand commented that the acquisition of Luke Soules/Acosta Southwest into Acosta solidifies the company's position as the number one sales and marketing agency in the industry today. "More and more CPG CPG central pattern generators. companies are looking to line up with national agencies," noted Chartrand. "Although our operating agreement with Luke Soules/Acosta Southwest for the past three years has been extremely effective, once we have fully integrated, all systems, policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental will be seamless across North America." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Joe Soules, President Luke Soules/Acosta Southwest and member of the Acosta Board of Directors, the benefits created by Luke Soules becoming a fully integrated part of Acosta will add more value to current as well as new clients. "Our objective is to enhance our service offering as a result of the acquisition," Soules said. "The full integration of our systems and expertise with Acosta will create an even stronger agency for our clients." About Acosta Sales and Marketing Company Acosta Sales and Marketing Company is a leading full-service sales and marketing agency in North America, providing outsourced sales, merchandising, marketing, and promotional services to manufacturers in the consumer packaged goods (CPG) industry. Headquartered in Jacksonville, Fla., Acosta has operations throughout the U.S. and Canada. For more information visit http://www.acosta.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion