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People & Industry News

US Foods to go public

By Jeremy Gerrard
Federal judge halts proposed merger between Sysco, US Foods
February 10, 2016

Months after a merger with rival Sysco Corporation, US Foods Holding Corp.—the nation’s second largest food service distributor—has filed a registration statement to go public.

The company, owned by private equity firms Clayton, Dubilier & Rice Inc. and Kohlberg Kravis Roberts & Company, plans an approximately $100 million initial public offering.

Headquartered in Rosemont, IL, US Foods, Inc. is a large foodservice distributor serving chefs and foodservice operators across the country. Its customers include independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. The company employs approximately 25,000 people in more than 60 locations nationwide.

The company planned a merger with Sysco last year, though Sysco pulled out of the agreement after a judge granted the Federal Trade Commission’s request to block the merger which charged the proposed union violated antitrust laws by significantly reducing competition nationwide.

KEYWORDS: food and beverage manufacturing food processing industry

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Jeremy Gerrard was Food Engineering's Digital/Online Editor. He is a graduate of Auburn University with a degree in journalism. His previous work experience includes years spent as a reporter with the Daily Local News out of Chester County, PA. In addition to writing feature articles for Food Engineering, Jeremy covered the Dry Processing, Field Reports and People and Industry news sections.

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