M&A - US Foods Holding Corp.

Form Type: ARS

Filing Date: 2025-04-08

Corporate Action: Acquisition

Type: New

Accession Number: 000166591825000069

Filing Summary: US Foods Holding Corp. has successfully completed the tuck-in acquisition of IWC Food Service, which serves the fast-growing Greater Nashville area. This acquisition, integral to their long-term strategy, allows US Foods to expand its reach in Tennessee and enhance its distribution channels in the southeastern United States. The purchase was executed for a net price of $214 million after accounting for cash received. The company remains focused on integrating this acquisition and realizing synergies while also pursuing future acquisition opportunities that align with its strategic priorities. In addition, the annual report highlights a successful year with an 11.7% increase in Adjusted EBITDA to $1.74 billion and a net sales growth of 6.4% to $37.9 billion, driven by volume growth and market share gains. Key accomplishments include significant improvements in safety culture, service technology deployment, and record sales in its Serve Good® portfolio of private label products, signaling a strong operational trajectory.

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