FTC hurdle cleared; USF/Alliant deal expected to close by Nov. 30

U.S. Foodservice (USF), Columbia, MD, a subsidiary of Netherlands-based Royal Ahold, has announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act has expired without any action by the Federal Trade Commission, in regard to the acquisition of Alliant Foodservice, Deerfield, IL, by USF. The deal is expected to close on or before Nov. 30, earlier than anticipated.

The combined company, to operate under the U.S. Foodservice name, will have approximately $12 billion in annual sales. Total consideration for the purchase is $2.2 billion, including assumption of $750 million in debt. Ahold raised some $2.3 billion through a share issue to help finance both this acquisition and that of U.S.-based Bruno Supermarkets, announced at the same time.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Operations

Hitting resistance elsewhere, ghost kitchens and virtual concepts find a happy home in family dining

Reality Check: Old-guard chains are finding the alternative operations to be persistently effective side hustles.

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Financing

For Papa Johns, the CEO departure came at the wrong time

The Bottom Line: The pizza chain worked to convince franchisees to buy into a massive marketing shift. And then the brand’s CEO left.

Trending

More from our partners