24 DEALMAKERS
Simon and Seth Bahler
of the UK Modern Milkman, says: “This acquisition is a testament to our commitment to revolutionise the grocery industry and wipe out waste.
“Together with our new US team, we share the same name, purpose, and vision, and are now ready to make a substantial impact on both sides of the Atlantic.”
“Joining forces with our UK namesake is a natural progression for us,” adds Seth Bahler, who founded the US Modern Milkman in 2018.
Simon Mellin
SHOWING LOTS OF BOTTLE STATESIDE
Colne headquartered grocery delivery service Modern Milkman has acquired an American company of the same name which it discovered while researching domain names.
Like its UK counterpart, the US Modern Milkman delivers milk and soft drinks in reusable glass bottles, as well as eggs, baked goods and more, connecting thousands of households to local farmers and suppliers in their community.
The acquisition will retain the US operation’s current staff and continue to invest in its growth, which currently equates to six per cent week-on- week as it expands across the east coast.
The US team plans to expand its presence in Connecticut and Massachusetts and establish operations in New York and Rhode Island late this year.
Simon Mellin, chief executive and founder
“Simon and I first connected with one another due to sharing the same name, but our complementary skillsets and shared commitment to fresh produce, convenience, local communities and sustainability are what make this partnership so powerful.”
He created the US Modern Milkman after 10 years as chief executive of Oakridge Dairy Farm, tapping into the demand for home delivery and high-quality, locally grown food.
Just like Simon’s Lancashire venture, the fifth- generation farmer grew the milk round from a small truck and a few customers into a network consisting of thousands of households.
The US operation currently serves Massachusetts and Connecticut, but there are now ambitious plans to tap into the “vast scale opportunities” the acquisition, for an undisclosed sum represents.
Simon says: “Leveraging the robust platform we’ve built in the UK, we’re already making headway in expanding our eco-friendly milk round across the US, with plans to extend into New York very soon.”
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