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Quadrant PE to pull trigger on Superior Food sale post PFD decision Save Share Quadrant Private Equity is set to kick off the sale of its $1 billion a year food services business Superior Food Services, following the ACCC’s decision to approve Woolworths’ entry into the sector. Quadrant and its adviser Stanton Road Partners are expected to pitch Superior Food Group as the No. 3 player in Australia’s food services market, behind Bidvest and the soon-to-be-Woolworths owned PFD Foodservices. Quadrant Private Equity merged Melbourne’s Superior Food Services with Sydney-based NFD Food Services to create Superior Food Group.   It is understood interested parties have already been told Superior Food Group makes more than $1 billion a year at the revenue line, providing cooked food and ingredients to the hospitality, aged care and health sectors.

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