Business
The Chefs’ Warehouse Acquires Nicola Imports
Acquisition Accelerates Specialty Expansion in Arizona and Colorado RIDGEFIELD, Conn., June 16, 2021 (GLOBE NEWSWIRE) -- The Chefs’ Warehouse, Inc. (NASDAQ:
About this update from The Chefs' Warehouse, Inc.
[{"type":"text","content":"Acquisition Accelerates Specialty Expansion in Arizona and Colorado\nRIDGEFIELD, Conn., June 16, 2021 (GLOBE NEWSWIRE) -- The Chefs’ Warehouse, Inc. (NASDAQ: CHEF), a premier distributor of specialty food products in North America, today announced that it has acquired substantially all of the assets of Nicola Imports, based in Phoenix, Arizona. Since its inception in 2007, Nicola Imports has been a staple purveyor of the finest specialty food products available in Arizona and Colorado. “We are thrilled to welcome Nick Bramini, Jayson James and the Nicola Imports team into our growing family of companies. This acquisition is particularly exciting as it deepens the company’s commitment to serving the growing Arizona market and marks our entry into Denver, which has been a long-term objective of our company,” stated Christopher Pappas, CEO of the Chefs’ Warehouse. Since inception in 1985, The Chefs’ Warehouse has been purveying high-quality, luxury, artisan, local and specialty products for the best restaurants in North America. “We are very excited to join the Chefs’ Warehouse as our combined businesses will create a larger platform from which we can better serve our customers and support the long-term growth of both our employees and vendor partners” said Nick Bramini, Founder and CEO of Nicola Imports. About The Chefs’ Warehouse The Chefs’ Warehouse, Inc. (http://www.chefswarehouse.com) is a premier distributor of specialty food products in the United States and Canada focused on serving the specific needs of chefs who own and/or operate some of the nation's leading menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos and specialty food stores. The Chefs’ Warehouse, Inc. carries and distributes more than 55,000 products to more than 34,000 customer locations throughout the United States and Canada. Forward-Looking Statements Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the Company’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties and are based on current expectations and management estimates; actual results may differ materially. The risks and uncertainties which could i...