Food & Ingredients M&A Focus: Sysco Corp
Sysco (NYSE:SYY) is making a sizeable investment to acquire the leading -and-Carry platform, continuing a pattern of recent acquisitions outside of its roots as a Broadliner.
• Sysco enters a complementary channel serving smaller independent operators, while adding a business with 166 locations across 35 states
• Positions Sysco as a multichannel Foodservice Distribution platform
• Punctuates a decade of acquisitions focused on International and Specialty targets following the failed merger with fellow Broadliner, US Foods, in 2015
Download the latest Food & Ingredients M&A Focus: Sysco Corp.
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