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The Chefs’ Warehouse acquires Cambridge Packing Company

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The Chefs’ Warehouse (NASDAQ:CHEF) has acquired substantially all of the assets of Cambridge Packing Company, based in Boston, Massachusetts. Financial terms were not disclosed.

For nearly 100 years, and three generations, Cambridge Packing Company provides New England with beef, poultry, pork, and seafood products.

CHEF expects acquisition will generate ~$50M in annual net sales.

Source: M A News on Seeking Alpha