Ridgefield, Connecticut-based Chefs' Warehouse expects Michael's to add about 6 to 8 cents per share to its annual profit after it is fully integrated. The deal is not expected to contribute significantly to 2012 results, it added.
Chefs' Warehouse Buys Michael's Finer Meats
August 14, 2012
August 13/Chicago/Reuters -- Chefs' Warehouse, which distributes specialty food products to restaurants, country clubs, hotels, caterers and stores, paid $54.3 million to purchase Michael's Finer Meats LLC. The acquisition is the company's fourth in just over a year.