Net sales between 1.0 billion Г©lelmiszerbiztonsГЎg and 1.1 billion; Г©lelmiszerbiztonsГЎg Adju

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The Chefs' Warehouse, a distributor of specialty products, based in Ridgefield, Г©lelmiszerbiztonsГЎg Connecticut, announced that it had entered into a definitive agreement to acquire substantially all the assets and certain investments Del Monte Capitol Meat Co. and its affiliates (" Del Monte ") for approximately $ 191.2 million including cash, stocks and tickets.
Founded in 1926, Del Monte USDA supplies of beef, pork, lamb, veal, poultry and seafood, inspected for Northern California. In addition, Del Monte butchers staff provides fresh, portion controlled on a controlled Г©lelmiszerbiztonsГЎg cutting base.
John DeBenedetti, CEO and owner of Del Monte, will join The Chef 'Warehouse as Executive Vice President of the protein and sit on the company's board of directors.
The experienced sales force of large and diverse customer Del Monte, along with their expertise on the management of proteins, go hand and complement our entire organization as we expect them to strengthen and expand the center of our deals shelf, "said Chris Pappas, President and CEO of The Chef's Г©lelmiszerbiztonsГЎg Warehouse.
$ 127.5 million in cash, to be funded from cash on hand and additional borrowings under the Company's existing credit arrangements; 1.2 million common shares of the company (valued at $ 22 per share); $ 38.3 million of convertible subordinated notes for a term of six years with an interest rate of 2.5 percent with a conversion price of $ 29.70 per share; and additional Г©lelmiszerbiztonsГЎg contingent Г©lelmiszerbiztonsГЎg consideration which is expected to be approximately $ 25.5 million to the successful achievement of profits in the six years following the closing of the acquisition.
Net sales between 1.0 billion Г©lelmiszerbiztonsГЎg and 1.1 billion; Г©lelmiszerbiztonsГЎg Adjusted EBITDA between 68.3 million and $ 72.0 million; Net earnings per diluted share between 0.57 and $ 0.66; and The modified pro forma net income per diluted share between 70 cents and 80 cents.
The Chefs' Warehouse distributes more than 30,000 products to more than 20,000 customer sites across the United States Г©lelmiszerbiztonsГЎg and Canada. Customers Г©lelmiszerbiztonsГЎg independent restaurants, catering establishments, clubs, hotels, caterers, culinary schools, bakeries, chocolatiers, cruise lines, casinos Г©lelmiszerbiztonsГЎg and specialty food stores.
Ridgefield, Conn.-based Г©lelmiszerbiztonsГЎg specialty food distributor The Chefs' Warehouse annoncé It Has Entered Into a definitive Г©lelmiszerbiztonsГЎg agreement to ACQUIRE Substantially all of the assets Г©lelmiszerbiztonsГЎg and some of Equity Interests Capitol Del Monte Meat Co. and Its affiliated companies ("Del Monte") for Approximately $ 191.2 million Including cash, stock and notes.
Founded in 1926, Del Monte USDA INSPECTED supplies beef, pork, lamb, veal, poultry and seafood products to Northern Г©lelmiszerbiztonsГЎg California. In addition, Del Monte's staff of butchers Provides fresh, portion-controlled products was cut-to-order BASIS.
"Del Monte's diverse customer base and extensive, dirty Experienced force, along With Their management's protein expertise is a perfect fit and complement to Our entire organization as we expect 'em to Strengthen and expand our center Г©lelmiszerbiztonsГЎg of the plate offerings," Said Chris Pappas, chairman and chief executive officer of The Chefs' Warehouse.
$ 127.5 million in cash, qui Will Be Funded Г©lelmiszerbiztonsГЎg from cash on hand and additional borrowings under the company's Existing credit arrangements; 1.2 million shares of the company's common stock (valued at $ 22 per share); $ 38.3 million in convertible subordinated notes with a six-year maturity b