US Foods, Rosemont, Ill., announced plans to acquire Dierks Waukesha, a foodservice distributor based in Waukesha, Wis. With this acquisition, US Foods substantially strengthens its presence in the upper Midwest.
Family owned for three generations, Dierks Waukesha serves more than 3,500 customers—from fine dining restaurants and caterers to schools and institutional organizations—throughout Wisconsin, Northern Illinois, Upper Michigan and Eastern Minnesota. Known as “The Fresh Guys,” Dierks Waukesha accrued approximately $120 million in annual sales.
“Dierks has been a top foodservice provider for restaurants throughout the area since 1963, and you don’t stay in business that long without doing things right,” says Russell Scott, Midwest region president, US Foods. “We are excited to build on the great reputation of Dierks and introduce its customers to the innovative products and best-in-class marketing, technology and business solutions that have made US Foods an industry leader.”
US Foods will service customers throughout the region from its distribution center in Menomonee Falls, Wis., and the Dierks distribution center in Waukesha. The Dierks employees will be joining US Foods and will continue servicing customers throughout the area.
“We are excited to welcome the very talented Dierks team to the US Foods family,” says Pietro Satriano, president and CEO, US Foods. “The addition of this great team and the new distribution center will allow us to better serve our customers throughout the area, and positions us for continued growth throughout the region.”
Thomas Muehl, co-owner of Dierks, and Kevin Musser, chief executive officer of Dierks, will also be joining US Foods.
“US Foods has a lot to offer both our customers and our employees,” adds Muehl. “I’m excited that the Dierks team will now be a part of this great company and for our customers to gain access to the expanded offering from US Foods that is sure to help them be even more successful.”
The transaction is expected to close Dec. 31. Terms of the transaction were not disclosed.