US Foods wraps up $970m acquisition of Smart Foodservice Warehouse Stores

US Foods wraps up $970m acquisition of Smart Foodservice Warehouse Stores

US Foods has wrapped up its $970 million acquisition of Oregon-based warehouse grocery store chain Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management. The deal excludes the Smart & Final retail grocery business, which was separated previously from Smart Foodservice. Established in 1955 and based in the greater Portland, Smart […]

US Foods to acquire Smart Foodservice Warehouse Stores for $970m

US Foods to acquire Smart Foodservice Warehouse Stores for $970m

US Foods acquisition of Smart Foodservice : US Foods has agreed to acquire Smart Foodservice Warehouse Stores, an Oregon-based warehouse grocery store chain from funds managed by affiliates of Apollo Global Management for $970 million in an all-cash deal as per the latest retail acquisition news. The US foodservice distributor believes that the acquisition will […]

US Foods acquires SGA Food Group for $1.8bn | Food acquisition news

US Foods acquires SGA Food Group for $1.8bn | Food acquisition news

US Foods acquisition of SGA Food Group : Illinois-based US Foods has wrapped up its previously announced $1.8 billion acquisition of rival foodservice distributor SGA’s Food Group of Companies (SGA Food Group) as per the latest food acquisition news. As part of the all-cash deal, announced in July 2018, US Foods acquired five separate operating […]