US Foods announced it has agreed to acquire the assets of Quandt’s Foodservice Distributors. Quandt’s is an independent foodservice distributor that services most of Eastern New York and portions of Western New England.
“Serving approximately 2,000 customers, Quandt’s Foodservice is a strong company with a long history of being a reliable food distributor and partner to its customers’ success,” said John O’Carroll, northeast region president, US Foods. “We are thrilled to welcome Quandt’s customers to US Foods and are committed to exceeding the stellar customer experience they have come to expect from Quandt’s.”
The Quandt’s Foodservice location in Amsterdam, N.Y. will remain open through the first quarter of 2014 to ensure a smooth transition, after which the business will shift to the US Foods location in Albany, N.Y.
“As one of the nation’s largest food and distribution companies, US Foods can offer Quandt’s customers access to new and innovative products and business solutions that will help them continue to succeed and grow their businesses,” said Robert S. Quandt, president and CEO, Quandt’s Foodservice Distributors.
The transaction is expected to close on October 25th. Terms of the acquisition were not disclosed.
About US Foods
With approximately $22 billion in annual revenue, US Foods is the 10th largest privately held company in America. As one of America’s great food companies and leading distributors, US Foods is Keeping Kitchens Cooking and making life easier for more than 200,000 customers, including independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. The company offers more than 350,000 products, including high-quality, exclusive brands such as the innovative Chef’s Line, a time-saving, chef-inspired line of scratch-quality products, and Rykoff Sexton, a premium line of specialty ingredients sourced from around the world. The company proudly employs approximately 25,000 people in more than 60 locations nationwide. US Foods is headquartered in Rosemont, Ill., and jointly owned by funds managed by Clayton, Dubilier & Rice Inc. and Kohlberg Kravis Roberts & Co. Discover more at www.usfoods.com.
Source: US Foods