Hawkeye to Acquire H&H Foodservice Assets

Under the agreement, Hawkeye will purchase certain unencumbered assets of H & H. Hawkeye will not assume any H & H liabilities or obligations, according to a report in the Iowa City Press Citizen. Hawkeye officials also will lease H & H's 80,000-square-foot facility in West Union until it is able to provide a smooth transition for H & H's customers from its current facilities in Iowa City and Fairmont, Minnesota. The company carries some 14,000 SKUs.

Hawkeye Foodservice previously expanded with the addition of a distribution facility in Danville, Illinois, and the purchase of the former Draper Foods in Fairmont, Minnesota, and the former Droege Foodservice in Washington, Missouri, according to a news release.

Number 34 on ID’s 2008 Top 50 list, Hawkeye recorded 2007 sales of $185.4 million. The company is a member of the UniPro Foodservice group, as well as DMA and SEFA. H & H Foodservice was a fellow UniPro member.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

For Starbucks, 2 years of change hasn't yielded promised results

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Food

Nando's Americanizes its menu a bit as U.S. expansion continues

Behind the Menu: Favorites like mac and cheese, bowls and salads join the fast casual’s Afro-Portuguese-rooted dishes, including the signature peri-peri chicken.

Financing

The consumer is cutting back, but not everywhere

The Bottom Line: Early earnings from major restaurant chains suggest the consumer has taken a distinct turn for the worse so far in 2024.

Trending

More from our partners