Add-on Acquisition • Distribution

Worldwide Produce Acquires Chef’s Choice

On April 26, 2022, Worldwide Produce acquired distribution company Chef’s Choice

Acquisition Context
  • This is Worldwide Produce’s 2nd transaction in the Distribution sector.
  • This is Worldwide Produce’s 2nd transaction in the United States.
  • This is Worldwide Produce’s 2nd transaction in California.

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M&A Deal Summary

Date April 26, 2022
Target Chef’s Choice
Sector Distribution
Buyer(s) Worldwide Produce
Deal Type Add-on Acquisition

Target Company

Chef’s Choice

Santa Clara, California, United States
Chef’s Choice is a distributor of fresh produce to the Northern California region. The Company sells primarily into the food service and corporate end markets and offers a full suite of fresh produce and dairy. Chef’s Choice was formed in 1994 and is based in Santa Clara, California.
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Buyer Overview 1

Buyer

Worldwide Produce

Los Angeles, California, United States

Category Company
Founded 1989
Sector Distribution
DESCRIPTION

Worldwide Produce is a distributor of fresh fruits, vegetables, dairy products, and specialty foods to independent and chain restaurants across the Western United States. Worldwide Produce operates two distribution facilities located in Los Angeles, CA, and Las Vegas, NV. Worldwide Produce was founded in 1989 and is based in Los Angeles, California.


Deal Context for Buyer #
Overall 2 of 4
Sector: Distribution 2 of 3
Type: Add-on Acquisition 2 of 4
State: California 2 of 4
Country: United States 2 of 4
Year: 2022 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-24 Vision Produce

Los Angeles, California, United States

Vision Produce is a distributor of fresh fruits, vegetables, dairy products, and specialty foods to independent and chain restaurants across the Western United States. Vision Produce was founded in 1980 and is based in Los Angeles California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-15 Valley Food Services

Visalia, California, United States

Valley Food Services is a foodservice distributor of fresh produce and dairy serving the Coachella Valley market. Valley Food Services was founded in 2001 and is based in Visalia, California.

Buy -