🠈  US Foods  🠊

US Foods

US Foods is a major food distributor servicing restaurants and grocery stores with facilities throughout the country. The company had $24 billion sales in 2017. Their headquarters are in Rosemont, Ill. The company trades on the NYSE with the symbol USFD.

The name is an abbreviation of United Signature Foods.

The company has $24.18 billion in revenue. Their market capitalization is $6.6 billion. The scary thing is that the company has $3.6 billion in debt. So, any market fluctuation in the highly competitive food service industry could topple this bad boy.

US Foods Merger Chain

US Foods was assembled by a variety of companies seeking to create a monopoly in the food service industry and it has an extremely complex merger chain. The firm Royal Ahold based in the Netherland acquired the company and spun it off. So I will start with that action.

I decided to put off the early history.

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  1. Business Wire-US Foodservice acquires Nino (Drawn 9/25/2018)
  2. Refrigerated Transporter - Foodservice acquires Midway (Drawn 9/25/2018)
  3. Market Wired - US Foodservice acquired WVO (Drawn 9/25/2018)
  4. Market Wired - US Foodservice acquires Ritter (Drawn 9/25/2018)
  5. Chicago Tribue - US Foods buys Arizona Food Services Group (Drawn 9/25/2018)
  6. Restaurant Business News - Foodservice acquires Cerniglia Products (Drawn 9/25/2018)
  7. Refrigerator Transporter - US Foodservice acquires Great Western Meats (Drawn 9/25/2018)
  8. Yahoo - US Foodservice acquired Vesuvio Foods (Drawn 9/25/2018)
  9. Market Wired - US Foodservice Acquires White Apron (Drawn 9/25/2018)
  10. Business Wire - US Foods Acquires New City Packing Company (Drawn 9/25/2018)

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