Metcash to acquire Superior Food Services from Quadrant for AUD412m.

Metcash, an Australian wholesaler and conglomerate company that distributes food, liquor and hardware, agreed to acquire Superior Food Services, a provider of food services, from Quadrant, an Australian private equity investment firm, for AUD412m. "Superior Food has achieved significant growth, evolving into a national foodservice provider of scale with the loyal support of our staff, customers and suppliers. Metcash’s capabilities and focus on supporting independents uniquely places them to continue our growth. We are proud of our past and excited about the bright future with Metcash," Craig Phillips, Superior Food Founder and CEO.