US Foods has chosen its next target for acquisition, effectively sealing the deal on the New England-based wholesale distributor, Cara Donna Provision Co..
Cara Donna, a family-owned food distributor for three generations, serves approximately 1,300 customers in Massachusetts, Rhode Island, New Hampshire, Maine, and Connecticut, according to a press release.
“We see many similarities between US Foods and Cara Donna, most important of which is the hunger for bringing value to its customers,” said Joe Cara Donna III, Executive Vice President, Cara Donna. “With the size and scale of the company, our customers will now have access to additional products and business solutions.”
US Foods says the Braintree, Massachusetts, Cara Donna location will remain open through the summer to ensure a smooth transition, after which the business will shift to the US Foods location in Seabrook, New Hampshire and Norwich, Connecticut.
The transaction is expected to close on March 4, the company says. The terms of the acquisition have not been disclosed.