ID NEWS: Vistar in acquisition mode

Vistar Corp., Denver, a leading distributor to pizza/Italian and other foodservice operators and the food vend trade, has announced an acquisition: Its Vistar/VSA of Hartford, Inc., subsidiary has acquired assets of Lisa, Inc., East Haven, CT, an $18-million Italian specialty and pizza distributor to the New England market.

"We're excited to build upon our existing capability in the Northeast," comments, George Holm, president and ceo of Vistar, the former Multifoods Distribution Group. "The specialty orientation of Lisa Foods and its established Lisa brand in the marketplace will give us unmatched product mix in the pizza and Italian segments."

At the same time, Vistar, which rang up $2.26 billion in foodservice sales last year, has announced an asset purchase agreement to acquire Vend Products, Portland, OR, and Livermore, CA. This is a $62-million vend candy, snack and office supply specialist.

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