Raydia Food Group acquires Terre Haute-based B&B Foods

Jan. 26—Terre Haute-based B&B Foods Distributors Inc. has been acquired by South-Bend-based Raydia Food Group, formerly Stanz-Troyer Holdings LLC, Indiana's largest independent foodservice distribution company.

The companies announced the change in a news release Friday.

B&B Foods, a second-generation, family-owned company, is a full-line food distributor, restaurant equipment supplier and wholesale grocery store. The company currently has $33 million in sales and 60 employees.

B&B Foods owner Scott Isles will continue to serve as president of B&B, reporting to Raydia CEO Moe Alkemade.

Reached by phone on Friday, Isles confirmed the sale and said nothing changes in day-to-day operations, Raydia Group will simply be the new owner.

"My family and our B&B Foods managers and employees could not be happier to join the Raydia Food Group platform," Isles said in the news release. "We've seen how Raydia is dedicated to preserving our family's legacy, while providing us with unprecedented opportunities for growth in the food distribution, school nutrition, convenience store and restaurant markets."

Raydia Food Group CEO Moe Alkemade said, "Our acquisition of B&B Foods is a perfect example of how Raydia Food Group plans to preserve the legacy and long-standing brand equity of the companies we acquire. The goal of our platform is to invest in and help fuel growth for other local food distribution companies that join the Raydia family while enabling them to retain their individual culture and heritage."

Alkemade highlighted that B&B Foods' strength in the area near the border of Illinois and southwest of Indianapolis is a strategic location that enables Raydia Food Group to continue to grow its geography and regional footprint.

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