US Foods has agreed to acquire SRA Foods, a Birmingham, Ala.-based meat processor and distributor with annual sales of approximately $80 million. Financial terms of the transaction, which is expected to close in late March, were not disclosed.
SRA Foods offers a product line of more than 1,000 items. The acquisition will help strengthen US Foods’ center-of-the-plate offerings to its customers throughout the region, the company said, due to the large population of barbecue and meat-centric restaurants throughout the south.
“The Anselmo family has built an incredible reputation for providing only the highest quality meats to more than 1,000 customers throughout the Birmingham area,” said David Norton, president, US Foods’ Stock Yards. “We are excited to be able to expand our offering throughout the South region and beyond by bringing SRA Foods into the US Foods family.”
SRA Foods operates out of a nearly 70,000-square-foot facility and runs a fleet of almost 20 trucks. US Foods will continue to operate the SRA Foods facility in Birmingham and expects to welcome its more than 100 employees to the company. The location will become part of US Foods’ Stock Yards organization, the company said, which provides high-quality meat and seafood, custom cut and packaged for customers’ specifications.
The acquisition of SRA Foods marks US Foods’ sixth within the past year. The company acquired All American Foods in February, Save on Seafood and Jeraci Foods last October, Freshway Foods last May and Food Genius last April.