U.S. Foodservice today announced that it has completed the acquisition of Mutual Wholesale Co. (“Mutual” or the “Company”), a broadline distributor in central and south Florida. Mutual generates annual sales of approximately $300 million and is headquartered in Lakeland, Florida, with a branch in Pompano Beach, Florida. The Company services over 4,200 accounts, primarily restaurants, schools, universities and health care institutions, with a range of food and related non-food items. Mutual is also a Certified Angus Beef® brand distributor in Pompano Beach, Florida.
U.S. Foodservice is the second-largest food distributor in the United States with annualized sales of approximately $12 billion and a nationwide reach through its 55 distribution centers. The company markets and distributes a wide range of national and proprietary brand items to over 200,000 foodservice customers, including restaurants, hotels, healthcare facilities, cafeterias and schools. U.S. Foodservice acquired PYA/Monarch, a broadline foodservice distributor operating in the southeastern U.S. with approximately $3 billion of annual revenues, in December 2000.
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