Toellner Family Acquires 3 Companies
The Toellner family of Mexico, Missouri, announced its Gift Essentials division has completed the acquisition and transfer of inventory of three companies in the last 30 days.
In announcing this, Mel Toellner, president and founder commented, “We have been blessed that our children, Grant and Becky, have joined our business, and with the development of a great management and service team, has made it possible to keep the dreams and products of the following great entrepreneurs alive. Retirement and other changes in these companies have caused these business owners to reach out to us to acquire their companies.”
- Zee’s Creations of Sanford, Florida, maker of beverage accessories and gifts, previously owned by Farhan and Zarina Khan.
- LSArts of Plantation, Florida, maker of beverage accessories and gifts, and holiday gift-ware, previously owned by Lanny and Linda Altshuler.
- Bottom’s Up Drinkware division of 95° and Sunny of Gilbert, Arizona, previously owned by Michelle and Ken Mack.
Toellner continued, “We are happy to announce that over 95% of the independent retailers who purchased product from these companies will continue to be served by the same great gift sales representatives that were previously utilized by each of the three companies.” All three owners will continue to assist Gift Essentials with product development in the future. Retailers will continue to benefit from their unique products while saving time and dollars as all products can ship on one order from one central US location.
For more information, visit www.giftessentials.com.
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