Woolworths acquires major foodservice business

Date : 20 August 2020

Nick Miles

Head of Insight (Global)

Woolworths has invested AU$552m (US$396.0m) in acquiring a 65% stake in PFD Food Services, Australia's second largest foodservice supplier. Another cog in the Woolworths ecosystem The deal involves AU$302m (US$216.7m) for the equity interest in the business and a further AU$249m (US$178.7m)…
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