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Danish Crown to Acquire Majority Stake in South African Food Distributor

Nov 24, 2017

Denmark-based Danish Crown through its subsidiary ESS-Food has agreed to buy 70% stake in Overberg Food Distributors, a South African foodservice business, for an undisclosed price. Overberg Food Distributors, which is based in Cape Town, ...

Tags: Danish Crown, ESS-Food

Us Foods to Acquire Food Distributor F. Christiana

Jun 6, 2017

US Foods has agreed to acquire F. Christiana, a Louisiana-based food service and retail distributor for an undisclosed price. F. Christiana focuses on the major center-of-the-plate categories along with dairy and dry goods. A ...

Tags: US Food, dry goods

US Foods to Streamline Logistics Operations with Real-Time Tracking Platform

Nov 10, 2016

Food distribution giant US Foods will implement a real-time load tracking platform from FourKites for advanced logistics operations. The refrigerated food supply chain company evaluated various players before opting for Chicago based ...

Tags: US Foods, Real-Time Tracking Platform

SpartanNash to Buy Caito Foods Service for $217.5m

Nov 10, 2016

SpartanNash has agreed to acquire certain assets of Indianapolis based Caito Foods Service and its Blue Ribbon Transport (BRT) logistic operations for approximately $217.5m. Additionally, SpartanNash will bear certain transaction costs ...

Tags: SpartanNash, Caito Foods

Mezzan Buys 70% Stake in Al Safi Food Company

Aug 30, 2016

Kuwait-based food distributor Mezzan Holding has acquired a 70% stake in Al Safi Food Company for SAR90.75m ($24m). This will allow the Kuwait-based company to manufacture and distribute food and beverage products in Saudi Arabia using Al ...

Tags: Mezzan, Al Safi Food Company

BRF to Set up Halal Unit for Muslim Markets

Jul 5, 2016

Brazilian meat company BRF has announced that it would establish a new subsidiary that will focus on supplying meat for Muslim markets. The company said it would set up a unit Sadia Halal that will hold assets related to the production, ...

Tags: BRF, Muslim Markets

Commission Approves Sysco's Acquisition of Brakes

Jun 14, 2016

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Brakes, the largest UK food distributor, by Sysco, the largest US food distributor. The Commission found that the takeover would not adversely ...

Tags: Commission, Sysco's acquisition of brakes

BRF to Acquire Remaining Stake in Oman's Frozen Food Distributor Al Khan Foodstuff

Apr 27, 2016

Brazilian poultry exporter BRF has entered into an agreement to acquire the remaining stake in Oman-based frozen food distributor Al Khan Foodstuff (AKF). Currently, BRF owns 40% stake in AKF and the total acquisition is is estimated ...

Tags: Frozen Food, frozen food products

Thai Union Frozen Products Considers Stake Sale in Chicken of The Sea

Aug 21, 2015

Thai Union Frozen Products (TUF) is considering divesting its stake in American tuna brand Chicken of the Sea, a move that could clear the way for its planned $1.5bn acquisition of Bumble Bee Foods. TUF CEO Thiraphong Chansiri was quoted ...

Tags: Frozen Products, Chicken

Sysco Corporation Has Called off Its Proposed Merger with US Foods

Jul 2, 2015

Food distributor Sysco Corporation has called off its proposed merger with US Foods, after the US District Court in Washington, D.C ruled against the $3.5bn deal. Last week, the court issued a preliminary injunction to halt the proposed ...

Tags: Sysco, US Foods

Food Distributor Tannis Trading Is Acquired by Sysco Canada

Apr 29, 2015

Sysco Canada has agreed to acquire foodservice distributor Tannis Trading for an undisclosed amount. Headquartered in Ottawa, Canada, Tannis Trading supplies food products to the food service industry. It offers institutional food ...

Tags: Sysco Canada, foodservice

Del Monte Capitol Meat Is Acquired by The Chefs' Warehouse

Apr 10, 2015

US based specialty food distributor The Chefs’ Warehouse has completed the acquisition of Del Monte Capitol Meat and its affiliated companies for an initial price of $185.5m. The initial price of this purchase also includes the ...

Tags: specialty food, meat

Sysco and US Foods Inc. has Been Extended by 60 Days From March 8 to May 7

Mar 12, 2015

The merger date of Sysco Corp. and US Foods Inc. has been extended by 60 days from March 8 to May 7 because of the scheduled anti-trust hearings to be held in May, said food distributor Sysco in a filing with the US Securities Exchange ...

Tags: Sysco Corp, US Foods, Merger Date

Sysco plans to discard US Foods Distribution Centers

Feb 4, 2015

Food distributor Sysco has agreed to divest 11 US Foods distribution centers to Performance Food Group. The move is in line with Sysco's plans to win FTC approval for its proposed merger with US Foods announced in December 2013. The ...

Tags: Sysco, Performance Food Group

Talks to Secure an Approval From Antitrust Regulators Are Still Going on

Nov 19, 2014

The acquisition of US Foods by food distributor Sysco is not likely to happen in the current year as expected and its talks to secure an approval from antitrust regulators are still going on. In December 2013, Sysco announced that it ...

Tags: food distributor, Federal Trade Commission, Agriculture

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