south easterAmcon expanding into southeastern states

L.P. Shanks convenience channel sales were approximately $200million in its fiscal 2011 ended March 31, Amcon said.   Theacquisition will be financed primarily by an expanded creditcsouth eastern healthility with its existing bank group, Amcon said.

Amcon has locations in Arkansas, Illinois, Missouri, Nebraska,North Dakota, South Dakota and Tennessee. Amcon also operatesfourteen health and natural product retail stores in the Midwestand Florida under the names Chamberlins Market & Cafe andAkins Natural Foods Market.

Amcon Distributing Co., the Omaha-based company that distributeswholesale consumer products to regional convenience stores, said itwill expand its distribution in the Southeast region with theacquisition of substantially all of the operating assets of L.P.Shanks Company, Inc.  Terms were not announced.

south easterAmcon expanding into southeastern states,This acquisition will ssouth easterAmcon expanding into southeastern statesubstantially expand our presence inTennessee, Kentucky, Georgia, Virginia, West Virginia, and NorthCarolina, said Christopher H. Atayan, Amcons chairman and chiefexecutive officer.  The acquisition will add more than 700 newcustomers, he said.

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