24.04.2017, 18:14
US Foods Agrees to Acquire FirstClass Foods
OREANDA-NEWS. US Foods today announced that it has agreed to acquire FirstClass Foods, a privately owned meat manufacturing company based in Hawthorne, Calif. with nearly $55 million in annual sales.
FirstClass Foods has been delivering high quality center of the plate products to customers throughout Southern California since 1962. The company specializes in custom processing and portion control cuts of beef, pork, lamb, veal, poultry, seafood and specialty products.
"US Foods has worked with FirstClass Foods for years and we’ve experienced the company’s commitment to high quality products and consistency," said David Norton, president, US Foods’ Stock Yards. "This acquisition will allow us to expand our center of the plate offering and better serve our customers throughout southern California."
"We are excited about this new phase of our partnership with US Foods," said Solly Benzimra, president, FirstClass Foods. "From the very beginning, we have delivered on our commitment to our customers and we are looking forward to the next chapter for our company as part of US Foods."
US Foods will operate out of the 50,000 square foot facility in Hawthorne as a US Foods Stock Yards facility where FirstClass Foods operates today and expects to welcome its more than 100 employees to the company.
The transaction is expected to close by the end of April. Terms of the acquisition were not disclosed.
FirstClass Foods has been delivering high quality center of the plate products to customers throughout Southern California since 1962. The company specializes in custom processing and portion control cuts of beef, pork, lamb, veal, poultry, seafood and specialty products.
"US Foods has worked with FirstClass Foods for years and we’ve experienced the company’s commitment to high quality products and consistency," said David Norton, president, US Foods’ Stock Yards. "This acquisition will allow us to expand our center of the plate offering and better serve our customers throughout southern California."
"We are excited about this new phase of our partnership with US Foods," said Solly Benzimra, president, FirstClass Foods. "From the very beginning, we have delivered on our commitment to our customers and we are looking forward to the next chapter for our company as part of US Foods."
US Foods will operate out of the 50,000 square foot facility in Hawthorne as a US Foods Stock Yards facility where FirstClass Foods operates today and expects to welcome its more than 100 employees to the company.
The transaction is expected to close by the end of April. Terms of the acquisition were not disclosed.
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