The Chef’s Warehouse
acquires food distributor
May 3, 2012 10:34 AM
The Chefs’ Warehouse Inc (Nasdaq: CHEF), a distributor of specialty food products in the United States, announced that it has acquired Praml International Ltd, a leading specialty foods importer and foodservice distributor based in Las Vegas NV that services customers in Las Vegas and Reno NV.
Christopher Pappas, chief executive officer of The Chefs’ Warehouse, said, “Praml provides an array of unique products combined with the market expertise and strong customer relations that make this a fantastic opportunity to continue our growth strategy.”
Heidi and Rudi Putze, former co-owners of Praml, said, “We are incredibly grateful to our dedicated staff, our loyal customers, and our passionate vendors, who worked together to make Praml what it is today. The Chefs’ Warehouse represents a great cultural fit and has the vision and tools to take Praml to the next level.”
Praml was founded in 1987 and serves more than 500 customer locations. GSV Advisors acted as exclusive financial advisor to the company in this transaction.
The Chefs’ Warehouse carries and distributes more than 16,700 products to more than 9,800 customer locations throughout the United States.
Access www.chefswarehouse.com for further details.
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