Reyes Holdings Expands Significantly
December 21, 2004
Reyes Holdings, L.L.C. announced an agreement to acquire Reinhart Food Service,
Inc., the largest independently owned broad line foodservice distributor in
the upper Midwest region of the United States. Reinhart Food Service, based
in LaCrosse, W isconsin, services a diverse customer base from 12 distribution
centers covering 28 states. Reinhart Food Service will join the Reyes Holdings
family of companies as a separate business unit.
With the addition of Reinhart Food Service, Reyes Holdings revenues in 2005
are projected to exceed $7 billion and its employee base will grow to over 6,500.
Commenting on the proposed transaction, J. Christopher Reyes, Co-Chairman of
Reyes Holdings, said, "We are truly excited to add Reinhart Food Service
to our portfolio of companies and welcome its outstanding employees to the Reyes
Holdings team. Reinhart Food Service maintains the same high quality reputation
with its customers that we have earned with our customers in our beer distribution
and food distribution businesses.
M . Jude Reyes, Co-Chairman, added, "Reinhart Food Service is a very
complementary business to our current base. We are very impressed with its executive
team, and will support the company’s leadership as it continues to build
the business in the vibrant food-away-from-home sector. This transaction positions
Reyes Holdings as one of the preeminent restaurant foodservice companies in
the United States and provides a platform for continued