Reyes Holdings L.L.C. has closed on the sale of Reinhart Foodservice L.L.C. to Performance Food Group Co. (PFG), headquartered in Richmond, Virginia.
“We are grateful to our Reinhart teammates for their commitment to growing the business over the past 14-plus years and wish them well in their journey forward with PFG,” said Chris Reyes, founder and co-chairman of Reyes Holdings, which is based in Rosemont, Illinois.
Reyes Holdings says this transaction situates the company to pursue strategic growth priorities and strengthens its commitment to building and enhancing its primary brands and offerings across the entire family of businesses.
“We are excited to focus forward in 2020 as we continue to grow Reyes Holdings, both organically and through acquisitions,” said Jude Reyes, founder and co-chairman of Reyes Holdings.
As a result of this sale, the combined Reyes family of businesses will have close to 30,000 employees with annual revenues in excess of $30 billion.
Reyes Holdings produces and delivers food and beverage items to retailers around the world. Annually, the company delivers more than 1.3 billion cases of beverage and food products from more than 170 locations across the world.
