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US Foods approved to acquire SGA’s Food Group of companies

The $1.8B acquisition requires divestitures

Gloria Dawson

September 12, 2019

1 Min Read
US Foods to acquire SGA Food Group
Instagram/US Foods

On Wednesday, US Foods Holding Corp. received conditional approval from the Federal Trade Commission to acquire SGA’s Food Group of Companies (SGA Food Group) for $1.8 billion in cash. The approval comes after months of antitrust debates. 

The companies expected to be acquired are Food Services of America, Inc. (FSA), Systems Services of America, Inc., Amerifresh, Inc., Ameristar Meats, Inc. and GAMPAC Express, Inc. US Foods expects to close the acquisition in the next few days. 

Under the proposed consent agreement, US Foods must divest three FSA distribution centers — one in Boise, Idaho; another in Fargo, North Dakota; and a third in the greater Seattle area — within 30 days of the acquisition closing. 

In 2015, the FTC blocked a proposed merger between US Foods and Sysco Corp., the nation’s two largest broadline foodservice distributors. 

“We are excited to finalize this transaction and enhance our overall scale and footprint in the attractive Northwest and West regions,” Pietro Satriano, US Foods chairman and CEO, said in a statement. 

“Both companies share a strong commitment to innovation and customer service, which will enable us to bring US Foods’ industry leading product innovation and technology to SGA Food Group customers as well as to share SGA Food Group’s unique center of plate, produce and logistics capabilities with US Foods customers.”

Related:Performance Food Group to acquire Reinhart Foodservice

Contact Gloria Dawson at [email protected]
Follow her on Twitter: @GloriaDawson

About the Author

Gloria Dawson

Gloria Dawson is a senior editor at Nation’s Restaurant News, Restaurant Hospitality and Supermarket News. She writes and edits breaking news and feature stories and conceptualizes and manages various sections and special issues of NRN magazine.

She joined the restaurant and food group in 2018 after writing for the New York Times, the Wall Street Journal, Eater and various other publications. She earned her master's degree from Columbia University Graduate School of Journalism and her BFA in art history and photography from the Art Institute of Boston at Lesley University.

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