6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Sysco Corp. (NYSE: SYY), Houston, TX, has agreed to purchase Chicago-based European Imports, Ltd. European Imports will operate as a stand-alone business.
"European Imports has a well-earned reputation and impressive track record in the high-end, specialty import products segment, and we are thrilled that they will be joining Sysco," said Chuck Staes, Sysco's senior vice president-Northern Region. "This is an excellent strategic fit, which will help Sysco be a better competitor in this segment."
European Imports, which in its most recent fiscal year had annualized sales of $124 million, is a full-line specialty food distributor to the central United States with concentration in the Midwest, Texas, Arizona, Colorado and Atlanta.
The management team and employees of European Imports will remain with the company.