Announced
Completed
Financials
Sources
Tags
Private
Majority
United States
Acquisition
Food Products
Single Bidder
Domestic
Completed
seafood
Friendly
Synopsis
HF Foods, a food distributor to Asian restaurants across the United States, completed the acquisition of Great Wall Group, one of the largest frozen seafood suppliers servicing the Asian/Chinese restaurant market. Financial terms were not disclosed. "I am excited with the successful purchase of the Great Wall Group operations. Their leadership position in the frozen seafood industry and extensive distribution network, particularly in states where HF Foods does not have a presence, complements the strengths of our existing network and supports our strategic goals of growth by acquisition and providing superior product choices to our customers," Russell T. Libby, HF Group Chairman.
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