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On June 30, The Merit Distribution Group LLC and its subsidiaries completed a sale transaction with Spartan ParentCo LLC, an affiliate of Czech Asset Management. While Merit Distribution will operate under new ownership, existing operations and management will remain unchanged and will do business under the existing trade names—Lancaster, Lancaster Canada, Merit Supply and EJ Welch.
In a letter to members, Merit Distribution CEO Geff Lynch and CFO Brian Williamson shared information on the transition of the businesses to Spartan ParentCo, including new payment instructions and paperwork to document the transfer of contracts where applicable from Merit to the Spartan.
