Acquisition of US Foodservice is complete

July 1, 2007
Kohlberg Kravis Roberts & Co and Clayton, Dubilier & Rice Inc have completed the acquisition of US Foodservice, the second-largest broadline foodservice

Kohlberg Kravis Roberts & Co and Clayton, Dubilier & Rice Inc have completed the acquisition of US Foodservice, the second-largest broadline foodservice distributor in the United States, from Royal Ahold NV. Funds affiliated with KKR and CD&R are equal partners in the transaction, which is valued at $7.1 billion.

US Foodservice generated revenues of more than $19 billion in 2006. The company provides food and related products to independent restaurants, healthcare and hospitality customers, educational institutions, and multi-unit restaurant companies.

Financing for the transaction was provided by Citigroup, Deutsche Bank, Goldman, Sachs & Co, JP Morgan Securities Inc, Morgan Stanley & Co, and Royal Bank of Scotland.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Waiting for a breakdown is costing you. Learn how smart preventive maintenance plans, accurate data, and cross-team coordination can protect your bottom line and boost profits...
Is your fleet ready for California's Clean Truck Check program? Our guide helps you navigate CARB compliance, avoid costly fines, and keep your trucks rolling. Learn how telematics...
Boost truck leasing profits with telematics insights! Reduce maintenance costs, improve uptime, and strengthen customer relationships. Learn how data drives success.
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...