July 31, 2018 — Two major food distribution mergers will undoubtedly change how seafood is procured and distributed in the United States.
On Monday, 30 July, Rosemont, Illinois-based US Foods said it will acquire five companies under the Services Group of America (SGA) umbrella, for USD 1.8 billion (EUR 1.5 billion) in cash. US Foods, which carries a wide range of seafood items including “Serve Good” sustainable options, is acquiring Food Services of America (FSA), one of the largest regional broadline distribution companies in the United States, specializing in servicing independent restaurants.
The deal also brings Systems Services of America, a foodservice distributor that specializes in casual, fast-casual, and quick service restaurants chains, to US Foods. Other distributors that are part of the deal include Ameristar Meats, a provider of custom meats and Amerifresh, which specializes in produce sourcing and marketing.
Plus, late last week, Providence, Rhode Island-based United Natural Foods said it was buying Supervalu in Minneapolis, Minnesota, a food distributor and operator of more than 3,000 grocery stores.
Read the full story at Seafood Source