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US Foods
US Foods Net Worth is 20.00 $Billion. US Foods (formerly known as U.S. Foodservice) is one of the USAa??s leading distributors. With nearly $19 billion in annual revenue, US Foods is the 10th largest. US Foods (formerly known as U.S. Foodservice) is one of the USAa??s leading dis...

US Foods Net Worth is 20.00 $Billion.

US Foods Net Worth is 20.00 $Billion. US Foods is one of the USAa??s leading distributors. With nearly $19 billion in annual revenue, US Foods is the 10th largest US Foods is one of the USAa??s leading distributors. With nearly $19 billion in annual revenue, US Foods is the 10th largest private company in America. Many of the entities that make up US Foods were founded in the 19th century, including one that sold provisions to travelers heading west during the 1850s gold rush. The company had used the name U.S. Foodservice since 1993. US Foods offers more than 350,000 national brand products and its own a??exclusive branda?? items, ranging from fresh meats and produce to prepared and frozen foods. The company employs approximately 25,000 people in more than 60 locations nationwide, and provides food and related products to more than 250,000 customers, including independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. The company is headquartered in Rosemont, Illinois, and jointly owned by funds managed by Clayton, Dubilier & Rice Inc. and Kohlberg K...
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US Foods Latest News

Sysco Cancels $8.2 Billion US Foods Takeover In Big Antitrust Win For FTC

Foods distributor Sysco Sysco said on Monday it would terminate a $8.2 billion acquisition of private equity-owned competitor US Foods US Foods, undoing what was a closely followed deal that may also have wider ramifications on merger and acquisition ...
Posted: June 29, 2015, 9:23 am

Food distributor merger off: Sysco pays $300M penalty

A driver for Sysco unloads supplies for a restaurant in Cleveland Tuesday, Dec. 21, 2010. (Photo: Mark Duncan, AP) A merger between food distributors Sysco and US Foods has collapsed just days after the Federal Trade Commission won a preliminary injunction ...
Posted: June 30, 2015, 7:33 am

Sysco deal failure puts pressure on US Foods’ PE owners

Sysco Corporation's decision to abandon the US Foods deal hands the latter $300 million in cash via a breakup fee that he could put to work by acquiring smaller rivals in a fractured market ripe for consolidation, analysts told Crain's Chicago Business.
Posted: July 2, 2015, 9:04 am

Sysco pulling out of US Foods buyout after FTC move

NEW YORK (AP) -- Sysco is scrapping its proposed $3.5 billion buyout of US Foods after a Federal Trade Commission legal victory that temporarily blocked the deal to combine the two food-service companies. The FTC opposed the deal, saying it would reduce ...
Posted: June 29, 2015, 6:41 am

S&P Lowers Sysco Rating After US Foods Merger Nixed

On Wednesday, Sysco (SYY) said it terminated its merger agreement with US Foods after the government’s antitrust objections to the deal. Today, Standard & Poor’s Ratings Services lowered its long- and short-term ratings on Sysco to ‘A-/A-2′ from ...
Posted: July 2, 2015, 7:59 am
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