US Foods Buys Florida-Based Save on Seafood in Deal to Expand Seafood Sales in Southeast Market
SEAFOODNEWS.COM by Michael Ramsingh - October 20, 2016
US Foods finalized a deal to acquire Florida-based seafood processor and distributor Save on Seafood.
Save on Seafood has been in business for over 30 years. The company is based in St. Petersburg and provides fresh and frozen seafood to restaurants and grocery stores across the Southeast market. Save on Seafood reported $80 million in annual sales.
According to the deal, US Foods will retain all of Save on Seafood’s 170 employees. Save On’s Owner Gib Migliano will stay on board as president of the company...
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