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Monday, April 26, 2021 10:59:38 AM
The Chefs' Warehouse, Inc. (NASDAQ:CHEF), a premier distributor of specialty food products in North America, today announced that it has acquired substantially all of the assets of M.F. Foley Company Inc., based in New Bedford, Massachusetts. For over 100 years, and four generations, Foley Fish has been a staple purveyor of the finest seafood products to restaurants across the country.
“We are thrilled to welcome Foley Fish into the Chefs’ Warehouse family of companies,” said Christopher Pappas, Chairman and Chief Executive Officer of The Chefs' Warehouse, Inc. “Foley’s uncompromising dedication to quality aligns perfectly with our focus of supplying the world’s best ingredients to North America’s top chefs and will become a centerpiece of our strategy to grow the seafood category nationally.”
Since inception in 1985, The Chefs’ Warehouse has been purveying high-quality, luxury, artisan, local and specialty products for the nation’s top restaurants. Founded in New York, the Northeast is the Company’s largest market in North America.
“We couldn’t hope for a better home for our valued employees, customers and vendors that have supported us over so many years,” said Laura Foley Ramsden, fourth generation owner of Foley Fish. “The Chefs’ Warehouse focus on quality and service will preserve the essence of what makes Foley an exceptional company, while leveraging technology and infrastructure to ensure our continued growth.”
https://ih.advfn.com/stock-market/NASDAQ/chefs-warehouse-CHEF/stock-news/84911814/the-chefs-warehouse-acquires-foley-fish
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