More Consolidation: Distributor Deal in Iowa

Dear Client:Blue-Silver distributor Iowa Beverage Systems of Des Moines will purchase Fleck Sales in Cedar Rapids, per The Gazette.Financial terms of the deal were not disclosed and the transaction is expected to be closed by Oct. 1. IBS chief Mike Brewington will continue running the company while Fleck Sales chief Dudley Fleck will serve on the board and oversee Fleck Sales' operations in Cedar Rapids and Eldrige as a minority shareholder in the company, per report. So a change in