Allen Bros. acquired by The Chefs' Warehouse

摘要

Chicago-based Allen Brothers, one of the last independent premium steak companies in the US, was acquired by The Chefs' Warehouse Inc., a Connecticut-based food distributor, in a deal reportedly valued at $20 million plus $9.9 million in debt and future payouts. The company said it plans to sell more products direct to consumers through the online-sales platform that Allen Brothers built. Allen Brothers is expected to have $80 million to $85 million in sales this year, according to a news release. Allen Brothers offers Prime beef, both dry- and wet-aged, as well as Wagyu beef. Other products include premium pork, veal, lamb, poultry, wild game, seafood, as well as burgers, hot dogs, heat-and-serve entrees, appetizers and even desserts. Servicing major steakhouses, hotels, country clubs and more, Allen Brothers concentrates primarily on the white table cloth restaurant segment.