As The Produce News
met with Floyd Avillo
and Pat Mele III, who had just purchased all the company's stock, the staff coincidentally threw a congratulatory party for the new owners.
and Mr. Mele officially signed the deal earlier in the month to buy the company from Rob Bildner and his wife, Elisa Spungen Bildner.
...Mr. Avillo, 49, has been with RLB for 26 years, rising to the position of chief operating officer.He is now president of RLB.
"We are fortunate enough to have the opportunity to do this," Mr. Avillo
said the RLB employees have a sense of stability, and added, "To the Bildners' credit, they could have sold this company to other people.But that would not have been best for everyone here."
...Mr. Avillo, who has an MBA with a finance background, started his retail career in 1981 at Kings Super Markets Inc., based in Parsippany, NJ, which at the time was owned by the Bildner family.He
said many of RLB's
employees arrived with retail experience, primarily from Kings or the now-defunct Grand Union chain. Mr. Avillo
said that RLB
has three distinct business segments, with produce distribution the core of the business.
That's the only way you make money," Mr. Avillo