ROSEMONT, ILL. — US Foods has agreed to acquire Jeraci Foods, an Italian specialty distributor based in Elmsford, N.Y. Financial terms of the transaction were not disclosed.
Jeraci Foods offers a line of authentic Italian foods as well as other imported and domestic food products to customers throughout the metro New York area. The family-owned company generates approximately $26 million in sales annually, which will enhance US Foods’ reach in the Italian independent restaurant and pizzeria segment, US Foods said.
The transaction is expected to close on Oct. 7, though the Jeraci Foods location will remain open through the end of the year to ensure a smooth transition. After the year ends, the business will shift to US Foods’ location in Perth Amboy, N.J.
“As a family owned business, Jeraci Foods has built a strong reputation for great customer service and high quality food,” said Chuck Gannon, area president for US Foods. “At US Foods, we pride ourselves on those same characteristics and look forward to bringing an even more robust product offering to Jeraci customers.”Jeraci Foods is the third distributor US Foods has acquired within the past year, as the company acquired Carra Donna Provision Co. in February and Dierks Waukesha last December.