US Foods announced that it has agreed to acquire SRA Foods, a meat processor and distributor in Birmingham, Alabama, with annual sales of approximately $80 million.
Family owned since 1940, SRA started out as a butcher shop in Birmingham. Today, SRA Foods occupies a nearly 70,000 square foot facility, runs a fleet of nearly 20 trucks and features a product line of more than 1,000 distinct items. With a large population of BBQ and meat-centric restaurants throughout the South, this acquisition will help strengthen US Foods’ center-of-the-plate offerings to its customers throughout the region.
“The Anselmo family has built an incredible reputation for providing only the highest quality meats to more than 1,000 customers throughout the Birmingham area,” says David Norton, president, US Foods’ Stock Yards. “We are excited to be able to expand our offering throughout the South region and beyond by bringing SRA Foods into the US Foods family.”
"We are proud to be joining US Foods, a company that shares our vision for providing our valued customers with the highest levels of quality and service,” said Anthony Anselmo, president, SRA Foods. “We’re pleased US Foods will continue to invest in our business and support our employees and the community of Birmingham."
US Foods will continue to operate the SRA Foods facility in Birmingham, and expects to welcome its more than 100 employees to the company. The location will become part of the company’s Stock Yards organization, which provides high-quality meat and seafood, custom cut and packaged for customers’ specifications.
The transaction is expected to close in late March. Terms of the acquisition were not disclosed.
In mid-February, US Foods announced that it agreed to acquire All American Foods, a broadline distributor based in North Kingstown, Rhode Island, with annual sales of nearly $60 million.
All American Foods was established in 1988 and had grown to offer more than 4,000 SKUs to nearly 1,000 customers throughout Rhode Island, Massachusetts, and Connecticut. The addition of All American Foods will further enhance US Food’s ability to serve customers in the northeast region, an area of the country heavily populated with independent restaurants.
In October, US Foods expanded its reach with the purchase of Jeraci Foods, an Italian specialty distributor based in Elmsford, New York.
Family owned since 1972, Jeraci Foods offered a complete line of authentic Italian and other imported and domestic food products to customers throughout the metro New York area. With more than $26 million in sales annually, Jeraci enhanced US Foods’ penetration in the Italian independent restaurant and pizzeria segment.
In the same month, US Foods also bought Save On Seafood, a seafood processor and distributor in St. Petersburg, Florida, with annual sales of more than $80 million.
Save On Seafood provided fresh and frozen seafood to restaurants and grocery stores throughout the Southeast U.S. This acquisition was made to strengthen US Foods’ ability to provide seafood to its customers throughout the Southeast Region.
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