Announced
Completed
Synopsis
Raydia Food Group, a foodservice distribution company, completed the acquisition of B & B Foods Distributors, a full-line food distributor, restaurant equipment supplier and wholesale grocery store. Financial terms were not disclosed. "Our acquisition of B & B Foods is a perfect example of how Raydia Food Group plans to preserve the legacy and long-standing brand equity of the companies we acquire. The goal of our platform is to invest in and help fuel growth for other local food distribution companies that join the Raydia family while enabling them to retain their individual culture and heritage," Moe Alkemade, Raydia Food Group CEO.
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