Technomic: M&As funnel growth in foodservice distribution
• Leading-edge distributors are taking the lead in helping operators understand the various nuances of delivery.
The Top 10 companies in the Power 50 ranking continued to grow market share in 2017, adding another percentage point of sales share and now accounting for 90.5% of the Power 50's total sales volume of $128 billion, according to “Power 50 U.S. Broadline Distributor Report,” a report published by Technomic, Chicago.
"Consolidation has been a long-standing theme in foodservice distribution, and 2017 was no different," says David Henkes, senior principal. "We're seeing a lot of merger and acquisition activity happening as distributors try to strengthen their regional foothold or penetrate specialty categories, and we expect to see more in the near future."