US Foods Completes Acquisition of Renzi Foodservice
July 07 2023 - 3:52PM
Business Wire
US Foods Holding Corp. (NYSE: USFD) today announced that it has
successfully completed the previously announced acquisition of
Renzi Foodservice, a broadline distributor located in Watertown,
New York. The transaction closed today, July 7, 2023. The
acquisition enables US Foods to further expand its reach into
central upstate New York where the company does not have a
distribution center.
Terms of the transaction were not disclosed. To learn more about
the Renzi Foodservice acquisition, please view the company’s May
19, 2023 press release announcement here.
About US Foods
With a promise to help its customers Make It, US Foods is one of
America’s great food companies and a leading foodservice
distributor, partnering with approximately 250,000 restaurants and
foodservice operators to help their businesses succeed. With 70
broadline locations and more than 85 cash and carry stores, US
Foods and its 29,000 associates provides its customers with a broad
and innovative food offering and a comprehensive suite of
e-commerce, technology and business solutions. US Foods is
headquartered in Rosemont, Ill. Visit www.usfoods.com to learn
more.
Forward Looking Statements
Statements in this press release which are not historical in
nature, are “forward-looking statements” within the meaning of the
federal securities laws. These statements often include words such
as “believe,” “expect,” “project,” “anticipate,” “intend,” “plan,”
“outlook,” “estimate,” “target,” “seek,” “will,” “may,” “would,”
“should,” “could,” “forecast,” “mission,” “strive,” “more,” “goal,”
or similar expressions (although not all forward-looking statements
may contain such words) and are based upon various assumptions and
our experience in the industry, as well as historical trends,
current conditions, and expected future developments. However, you
should understand that these statements are not guarantees of
performance or results and there are a number of risks,
uncertainties and other important factors that could cause our
actual results to differ materially from those expressed in the
forward-looking statements. For a detailed discussion of these
risks, uncertainties and other factors that could cause our results
to differ materially from those anticipated or expressed in any
forward-looking statements, see the section entitled “Risk Factors”
in our Annual Report on Form 10-K for the fiscal year ended
December 31, 2022 filed with the Securities and Exchange Commission
(“SEC”) on February 17, 2023. Additional risks and uncertainties
are discussed from time to time in current, quarterly and annual
reports filed by the Company with the SEC, which are available on
the SEC’s website at www.sec.gov and the Company’s investor
relations page at ir.usfoods.com. Additionally, we operate in a
highly competitive and rapidly changing environment; new risks and
uncertainties may emerge from time to time, and it is not possible
to predict all risks nor identify all uncertainties. The
forward-looking statements contained in this press release speak
only as of the date of this press release and are based on
information and estimates available to us at this time. We
undertake no obligation to update or revise any forward-looking
statements, except as may be required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230707495234/en/
Sara Matheu Director of Media Relations 773-580-3775
Sara.Matheu@usfoods.com
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