date:Aug 16, 2012
erings and significantly enhance our capabilities in centre-of-the-plate categories, Pappas added.
Michael's Finer Meats CEO John Bloch said the addition of The Chefs' Warehouse's products will allow the company to strengthen its presence in the region.
The Chefs' Warehouse funded the acquisition through borrowings under its existing revolving credit facility.
The company expects the acquisition to contribute approximately $0.06 to $0.08 per share annually once fully integrated; however, Michae