Ferraro: Expands Footprint with Acquisition of GDS Foods

Piscataway / NJ. (ff) Ferraro Foods Inc., one of the largest specialty distributors of food and foodservice supplies to pizzerias and Italian restaurants in the U.S., has acquired GDS Foods Inc., an importer and distributor of Italian food products to pizzerias throughout New York, New Jersey and Pennsylvania. The New Jersey-based business counts nearly USD 50 million in annual sales revenue. The acquisition expands Ferraro’s growing network of distribution hubs in a crucial market for pizzerias, adds hundreds of customers to its roster and helps broaden Ferraro’s industry leading offering of food products.

«We are excited to partner with GDS, a terrific family-run business with strong roots in the area going back 35 years. We love the business, we love the people, and they have a loyal customer base that aligns perfectly with Ferraro’s,» said Ferraro-CEO Dan Hill.

The new partnership is the latest in a series of robust acquisitions by Ferraro Foods aimed at increasing market share in pizza markets in the northeastern United States – home to «the largest concentration of independent pizzerias in the country,» according to the company.

Headquartered in New Jersey since its founding as a family business nearly 50 years ago, Ferraro Foods Inc. is, with own words, the leading distributor of specialty Italian foods and foodservice supplies to pizzerias and Italian restaurants in the United States. With a concentration in the pizza markets of the Northeast and customers spanning 26 states serviced by distribution divisions in Upstate New York, Long Island, Connecticut, Maryland, North Carolina, Florida and Indiana, Ferraro Foods now boasts annual sales revenue of nearly USD 1.3 billion.