Meat and Poultry Industry News

Food distributor Chef’s Warehouse acquires Allen Brothers

December 12, 2013
/ Print / Reprints /
ShareMore
/ Text Size+

Allen Brothers, a long-time Chicago purveyor of premium-quality meats, has been sold to Chefs’ Warehouse Inc., a Connecticut food distributor.  The cost of the acquisition was $30 million, reports Crain’s Chicago Business.

"We believe this is a great opportunity for our dedicated staff, our loyal customers and our trusted vendors, who have all contributed to building Allen Bros.' long history," Allen Bros. President Todd Hatoff said in the statement.

Allen Bros.' management team will stay on, and the Chicago office will remain.

"Allen Bros. is the gold standard in the meat business and has been for more than 100 years,” Chefs' Warehouse Chairman and CEO Chris Pappas said in the statement. “Their commitment to the highest-quality products and outstanding customer service makes this an outstanding partnership and provides us with outstanding new opportunities for growth.”

Allen Bros.' 2013 annualized net sales are expected to be about $80 million to $85 million, the statement said. Publicly trader Chefs' Warehouse is much bigger, with more than $480 million in net sales through the first three quarters of 2013.

Source: Crain’s Chicago Business

You must login or register in order to post a comment.

MARKET VIDEO

Multimedia

Videos

Image Galleries

Podcasts

Brenneman analyzes Butterball’s new animal care, well-being program

Rod Brenneman, CEO of Butterball, discusses his company's new Animal Care and Well-Being Program, his company's certification by the American Humane Association and further animal-handling initiatives, all officially announced in September 2013.

More Podcasts

National Provisioner

National Provisioner April 2014 cover

April 2014

Check out the April 2014 issue of The National Provisioner, with features on animal welfare, sanitation programs, and much more!

Table Of Contents Subscribe

Independent Processor

IP April 2014 cover

April 2014

Check out the April 2014 issue of Independent Processor, with a special profile of Stemmler's Meats!

Table Of Contents Subscribe

Provisioner Store

sourcebooksmall.gif
The National Provisioner Source Book

The Sourcebook is an exclusive buyer’s guide and reference tool for product and supplier information in the meat, poultry and seafood marketplace.

More Products

STAY CONNECTED

Facebook icon Twitter icon  YouTube iconLinkedIn icon