Foodservice
US Foods to acquire Renzi Foodservice
May 19, 2023
US Foods Holding Corp. has agreed to acquire Renzi Foodservice, a broadline distributor located in Watertown, New York, for an undisclosed sum, according to a press release. The acquisition, which is the first for the company since April 2020 and the first under CEO Dave Flitman's leadership, will allow US Foods to further expand its reach into central upstate New York where the company does not have a distribution center.
Family-owned for two generations, Renzi Foodservice has more than $180 million in annual revenue and serves more than 2,300 independent restaurants, healthcare facilities, schools, government organizations, convenience stores and other customers. Renzi Foodservice will continue to operate in its 110,000 square foot facility.
Pending regulatory approval, the acquisition is expected to close in the third quarter of 2023. Terms of the transaction were not disclosed.
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