M&A Deal Summary

US Foods Acquires Save On Seafood

On October 19, 2016, US Foods acquired food company Save On Seafood

Acquisition Highlights
  • This is US Foods’ 7th transaction in the Food sector.
  • This is US Foods’ 14th transaction in the United States.
  • This is US Foods’ 2nd transaction in Florida.

M&A Deal Summary
Date 2016-10-19
Target Save On Seafood
Sector Food
Buyer(s) US Foods
Deal Type Add-on Acquisition

Target

Save On Seafood

St Petersburg, Florida, United States
website
Save On Seafood, Inc. is a seafood processor and distributor provides fresh and frozen seafood to restaurants and grocery stores throughout the Southeast United States.

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Buyer(S) 1

Buyer

US Foods

Rosemont, Illinois, United States

website

Category Company
Founded 2007
Sector Distribution
Employees26,000
Revenue 22.9B USD (2020)
DESCRIPTION
Entrance to US Foods' headquarters in Rosemont, Illinois.
Entrance to US Foods' headquarters in Rosemont, Illinois.

US Foods is a food distributor to restaurants, healthcare and hospitality facilities, government operations and educational institutions. The Company offers more than 350,000 national brand products and our own high-quality private label items ranging from meats to produce to frozen foods. US Foods was founded in 2007 and is based in Rosemont, Illinois.

DEAL STATS #
Overall 14 of 24
Sector (Food) 7 of 11
Type (Add-on Acquisition) 14 of 20
State (Florida) 2 of 2
Country (United States) 14 of 24
Year (2016) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-30 Jeraci Food Distributors

Elimsford, New York, United States

Jeraci Food Distributors, Inc. is a distributor of a complete line of authentic Italian and other imported and domestic food products to customers throughout the metro New York area.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-14 All American Foods

North Kingstown, Rhode Island, United States

All American Foods, Inc. is a manufacturer over 100 dairy and non-dairy food ingredients for human consumption. Its Pro Mix® line of ingredients offer cheese powders and cheese flavorings, dried cultured ingredients, high fat powders, dried flavoring ingredients, egg replacement powders, and replacers and substitutes for nonfat dry milk powder, dry buttermilk powder and dry whole milk powder.

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