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Illinois-based US Foods has agreed to acquire All American Foods, a foodservice distributor in Rhode Island.
Financial details of the transaction have not been disclosed by either company.
The transaction is expected to be complete by the end of this month.
Established in 1988, All American Foods has been distributing its products to nearly 1,000 customers throughout Rhode Island, Massachusetts and Connecticut. The company is has annual sales of approximately $60m.
US Foods north-east region president John O’Carroll said: “The growth All American Foods has experienced over the last three decades is proof that their business model and commitment to customer service is strong.
“The growth All American Foods has experienced over the last three decades is proof that their business model and commitment to customer service is strong."
“We are looking forward to building on All American Foods’ already strong reputation and bringing an even better experience to foodservice operators throughout southern New England.”
With this new acquisition, US Foods anticipates to further strengthen its ability to serve customers in the north-east region, an area that is densely populated with independent restaurants.
All American Foods employees will move to US Foods while the formers 65,000ft² facility will continue operations.
With approximately 25,000 employees, US Foods is headquartered in Rosemont, Illinois, US.
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