US Foods Holding Corp. has closed its $970 million acquisition of Smart Foodservice Warehouse Stores from the private equity owner of Smart & Final Stores.

Rosemont, Ill.-based US Foods said Friday that, with the addition of Smart Foodservice, it expects to achieve $20 million in annual run-rate cost synergies by the end of 2023, namely via purchasing efficiencies and private-label expansion.

US Foods Holding Corp. has closed its $970 million acquisition of Smart Foodservice Warehouse Stores from the private equity owner of Smart & Final Stores.

Rosemont, Ill.-based US Foods said Friday that, with the addition of Smart Foodservice, it expects to achieve $20 million in annual run-rate cost synergies by the end of 2023, namely via purchasing efficiencies and private-label expansion.

US Foods Holding Corp. has closed its $970 million acquisition of Smart Foodservice Warehouse Stores from the private equity owner of Smart & Final Stores.

Rosemont, Ill.-based US Foods said Friday that, with the addition of Smart Foodservice, it expects to achieve $20 million in annual run-rate cost synergies by the end of 2023, namely via purchasing efficiencies and private-label expansion.