US Foods has agreed to acquire F. Christiana, a broadline distributor of food and food-related products with a focus on center-of-the-plate categories as well as dairy and dry goods. Financial terms of the transaction, which is expected to close by mid-June, were not disclosed.
With nearly $100 million in annual sales, F. Christiana serves more than 1,800 independent restaurant, hotel and independent deli/convenience store customers throughout Louisiana, southern Mississippi and parts of southern Alabama. The company operates out of a 70,000-square-foot facility in Marrero, La., where it will continue to conduct business under the F. Christiana name after the transaction.
“F. Christiana has an excellent reputation in the independent operator space,” said Keith Knight, south region president for US Foods. “When combined with their success in key strategic markets such as New Orleans and Baton Rouge, this acquisition will further enhance our position with new and existing customers in Louisiana.”
F. Christiana is the sixth company US Foods has acquired within the last year. The company acquired FirstClass Foods in April, SRA Foods in March, All American Foods in February, and Save on Seafood and Jeraci Foods in October.
By Rebekah Schouten
Source: Food Business News
The facility is designed to foster innovation and deepen collaboration with customers, by offering a range of new services and solidifying its role as a central hub for customer support. Tereos’ team, supported by a network of 50 scientists, will ensure customers can innovate and meet the rising consumer demand for healthier and more sustainable products.
Glanbia has agreed to acquire Flavor Producers from Aroma Holding for an initial consideration of $300 million. Flavor Producers is a US-based flavour platform, providing flavours and extracts to the F&B industries, with a focus on organic and natural ingredients.
Lesnard, who previously worked at Nike, The North Face and Sephora, has a mission to “grow and sustain GODIVA’s position and expertise in the premium chocolate category, leveraging ongoing support from pladis to take GODIVA and its legendary chocolate to new heights.”
