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ENTITY
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Glaser Bros.

Glaser Bros. was a major West Coast wholesaler of tobacco and confectionary products acquired by Blue Chip Stamps in early 1976.

📝 Business Operations

  • Scale: At the time of acquisition, it was the largest wholesaler of its kind in the Western United States.
  • Volume: The company handled a very large sales volume ($200+ million) on a relatively small base of net tangible assets.
  • Integration: While its profit margins were thin (typical of the wholesale industry), its consistent earnings and strong market position made it an attractive diversification for Blue Chip’s increasing cash flow.

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