US Foods agrees to acquire Renzi Foodservice

Renzi first acquisition by US Foods since April 2020

US Foods agreed to acquire Watertown, New York-based Renzi Foodservice. The acquisition of Renzi Foodservice will set the stage for greater penetration by US Foods in upstate New York. This is US Foods’ first acquisition under Dave Flitman, the broadliner’s chief executive.

The acquisition of Renzi Foodservice is also the first since April 2020. The companies did not disclose the terms of the transaction.

“We look forward to welcoming the Renzi team to US Foods as we continue to deliver on our long-range plan and enhance our position with new and existing customers throughout the region,” said Flitman. “As one of the most respected family-owned and operated broadline foodservice distributors in Northern and Central New York, Renzi has built a strong reputation for great customer service and high-quality food from their modern distribution facility in Watertown, New York.”

A family-owned company, Renzi produces more than $180M in annual revenue, serving a variety of customers. The New York broadliner distributes to more than 2,300 locations. These span across restaurants, healthcare facilities, schools, government entities, convenience stores, and other sectors.

US Foods distributes to more than 250,000 restaurant and foodservice locations. In 2023, it will deliver more than $34B in annual revenue.


Added Jude Renzi, chief executive of Renzi Foodservice, “We are proud to be joining US Foods as our companies have many similarities, most important of which is the passion for bringing value to customers to help them succeed and a commitment to helping associates grow and thrive. We look forward to US Foods investing in our business and expanding access to new and innovative products and business solutions to help our customers continue to grow their businesses profitably. The entire Renzi family thanks all our valued employees and customers who have supported us throughout our 46 years.”

Company executives expect the purchase of Renzi to close in the third quarter of 2023.


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