US Foods announced it has agreed to acquire the assets of Quandt’s Foodservice Distributors. Quandt’s is an independent foodservice distributor that services most of eastern New York and portions of western New England.
"Serving approximately 2,000 customers, Quandt’s Foodservice is a strong company with a long history of being a reliable food distributor and partner to its customers’ success,” said John O’Carroll, northeast region president, US Foods, in a prepared statement. “We are thrilled to welcome Quandt’s customers to US Foods and are committed to exceeding the stellar customer experience they have come to expect from Quandt’s.”
The Quandt’s Foodservice location in Amsterdam, N.Y. will remain open through the first quarter of 2014 to ensure a smooth transition, after which the business will shift to the US Foods location in Albany, N.Y.
“As one of the nation’s largest food and distribution companies, US Foods can offer Quandt’s customers access to new and innovative products and business solutions that will help them continue to succeed and grow their businesses,” said Robert S. Quandt, president and CEO, Quandt’s Foodservice Distributors.
The transaction is expected to close on Oct. 25, 2013. Terms of the acquisition were not disclosed.