Joseph H. Stomel & Sons

Client Profile
Joseph H. Stomel & Sons (“Stomel” or the “Company”) is a wholesale distributor of tobacco, candy and other grocery products to approximately 4,000 convenience stores, from Maine to Virginia, with annual sales in excess of $400 million.
Situation
Prior to retaining the SSG Group of Berwind Financial, Stomel faced financial challenges which did not allow the Company to compete effectively in the marketplace.
Solution
The SSG Group of Berwind assisted the company in maximizing value for all of Stomel’s stakeholders by combining Stomel with a strategic buyer, Miller & Hartman Mid Atlantic.