US Foods Holding Corp., an American foodservice distributor, confirmed that it has finalized its acquisition of Renzi Foodservice, a broadline distributor based in Watertown, New York. The deal, which was announced in May 2023, represents US Foods’ first strategic acquisition since April 2020, and the first under CEO Dave Flitman’s leadership. The terms of the […]
US Foods Holding Corp., a foodservice distributor in the US, has reached an agreement to acquire Renzi Foodservice, a distributor located in Watertown, New York. The specific financial terms of the acquisition have not been disclosed. This acquisition marks an important milestone for US Foods, being its first since April 2020 and the inaugural one […]
Foodservice distributor US Foods Holding Corp. revealed plans to open a couple of new US Foods CHEF’STORE locations in Visalia, California, and Lynchburg, Virginia. CHEF’STORE is said to provide restaurant-quality products, including fresh meat, dairy and deli items, produce, frozen seafood, at wholesale prices for foodservice professionals, restaurant operators, and the public. The new US […]
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 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 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 […]