CHICAGO — Whetstone Distribution, a platform of regional food distributors backed by Shore Capital Partners, announced the acquisition of Fulton Market, a federally inspected meat processor, importer and distributor, on June 20. Through the acquisition, Whetstone plans to expand its presence in Chicago.
“We are extremely excited to bring Fulton Market into the fold and continue expanding Whetstone,” said Don McIntyre, chief executive officer of Whetstone. “Fulton’s legacy of quality and service aligns well with our mission to deliver exceptional products and support to our growing customer base. We look forward to continuing to expand our reach in the Chicago market together.”
Founded in 1932, Fulton delivers premium quality fresh beef, veal, lamb, pork, poultry and seafood to Chicago’s finest restaurants, hotels, butcher shops and grocery stores, offering custom programs and services. The company has been owned and operated by the Lustman family for three generations. James (Jim) Lustman is the current president of Fulton.
“I am proud of what we have accomplished over the years at Fulton Market,” Lustman said. “Our partnership with Whetstone is a great next step in our journey and positions us to continue our tradition of providing the highest quality products and services to our valued customers.”
Whetstone’s acquisition of Fulton follows its previous acquisition of Pritzlaff Wholesale Meats in May.