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 […]
Lyra Therapeutics has raised $30 million in a Series C financing round to advance its lead product candidates for the treatment of chronic rhinosinusitis (CRS). Known as an inflammatory disease of the paranasal sinuses, chronic rhinosinusitis is said to affect around 14 million people in the US. The lead product candidates of the US-based clinical-stage […]