There are numerous businesses in Houston, Texas that are owned by families. Some of them have been around for decades and have stood the test of time, all the while thriving in their area of expertise. Some family-owned businesses have grown over time and turned into multi-million dollar corporations and have only been able to do so because of the quality of their products or their services. This excellence has often led larger corporations to acquire such a flourishing company in a business transaction in order to increase their footprint in a potential market.
Recently, a Houston-based, family-owned food distribution business was sold to a Michigan-based company. According to reports, Glazier Foods Company, the 77-year-old business from Houston, Texas, was sold for an undisclosed sum to Gordon Food Service, which itself is a 117-year-old, family-owned business from Michigan. Reports indicate that the main reason for the acquisition is Gordon Food Service's attempt at increasing its footprint in the Southwest.