US Foods (USFD) - Get US Foods Holding Corp. Report said on Monday that it will buy privately held meat manufacturing company FirstClass Foods for an undisclosed amount. The deal is expected to close by the end of April.
"US Foods has worked with FirstClass Foods for years and we've experienced the company's commitment to high quality products and consistency," US Foods' Stock Yards president David Norton said. "This acquisition will allow us to expand our center of the plate offering and better serve our customers throughout southern California."
Shares of US Foods were up slightly this afternoon.
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