18th March 2024 Service Foods
With inflation hitting its hospitality customers and few obvious acquisition targets, the MD says the wholesaler is focusing on improvement.
Service Foods has cut the ribbon on its new Wellington distribution centre after a 24-month design and build period.
The acquisitive foodservice company continues to expand, this time picking up a Tegel subsidiary in Wellington.
Foodservice distributors suffer short-term power outages and disrupted deliveries across the North Island.
The foodservice distributor completed the deal in just seven days with a specific asset and growth potential catching its eye.
The acquisitive foodservice distributor adds another butcher and its retail brand to its growing portfolio.
Service Foods has cancelled its 2022 trade shows.
The purchased business will be consolidated into Service Foods’ new $36m Trentham DC.
The acquisitive wholesaler is considering bringing in a private investor or an IPO as it looks for long-term capital.
Two KPMG alumni join the wholesaler’s board and executive team to “contribute to next phase of growth”.
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