Freshway Group (“Freshway” or the “Company”) has been acquired by US Foods, Inc. (NYSE:USFD) (“US Foods”).
Duff & Phelps served as exclusive financial advisor to the shareholders of Freshway, and provided M&A advisory services in connection with the sale transaction.
About Freshway Group
Freshway is a leading fresh-cut fruit and vegetable processor, repacker, distribution and logistics solutions platform for retail and foodservice customers in the Eastern U.S. The Company offers a wide variety of value-added cut vegetables and fruits, salad kits, repack and forward distribution services. Freshway’s proprietary menu development programs, state-of-the art processing facility and in-house logistics platform provide a high-level of control over products and delivery times, leading to high levels of satisfaction and long-term partnerships with customers.
About US Foods, Inc.
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 61 locations nationwide. US Foods is headquartered in Rosemont, IL.
