US Foods Holding Corp. (“US Foods”) today announced that it has entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores (“Smart Foodservice”) from funds managed by affiliates of Apollo Global Management, Inc. (the “Apollo Funds”) for $970 million in cash.

Plant-based alternatives to traditional animal proteins like beef, pork, chicken and seafood remains a hot trend in 2020. Three giants of the industry--Nestlé, Sysco and US Foods--are each launching their own signature meatless products this year. Here's a detailed look at each one.

From promoting employee well-being to improving efficiency across its facilities and fleet to developing on-trend products, here’s why US Foods was named Refrigerated & Frozen Foods’ 2019 Foodservice Distributor of the Year.