advertisement

American Vending Sales in Elk Grove acquires Lieberman

ELK GROVE VILLAGE - American Vending Sales announced it will acquire Bloomington, Minnesota-based Lieberman Companies for an undisclosed sum.

The business will continue operations in the Lieberman building in Bloomington. The company was founded by Samuel Lieberman as an amusement route operator in 1907 and has been in the distribution business since the 1940s.

Kurk Johnson and Linda Winstead will head up sales efforts in vending and amusement respectively.

"We were looking for ways to expand our footprint in distribution and the Lieberman business fits in nicely with ours," said AVS President Vince Gumma. "They have unique expertise in FEC design and Micro Markets, areas which we have identified for growth."

Lieberman is a large ATM ISO, owns the American Amusement Arcades route, and for the past year and a half, has operated gaming cafe locations in Illinois.

"I have known Vince for a long time and when we were looking to divest our distribution arm to focus on the ATM, amusement route and Elsie's gaming cafe businesses, in my mind he was the ideal buyer," said Lieberman President Hal Lieberman.

Gumma said Liberman customers will see no change in business.

"Things should be business as usual for Lieberman customers. In addition to Kurk and Linda, we are bringing on the technical and parts staff that supported them," said Gumma. "Our goal is a seamless transition."

Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.