Richfood Completes Rotelle Buy
hfood Holdings here has completed the acquisition of all the outstanding stock of Rotelle Inc., a Philadelphia-area frozen food distributor.
Richfood, as reported, said it would pay $52.8 million cash for the West Point, Pa.-based distributor.
Rotelle, with annual sales of about $340 million, is one of the nation's leading frozen food distributors. It supplies about 550 supermarkets in Pennsylvania, New Jersey, Maryland, Delaware and