Foodservice distributor Sysco Corp. (NYSE:SYY), Houston, TX, has reached an agreement to purchase 50 percent of the Costa Rican food distributor Mayca Distribuidores S.A and Mayca's three other affiliates for an undisclosed price
"With this being our first strategic investment in Central America, we will be looking to the Mayca leadership team to help Sysco better understand the marketplace.” said Kent Humphries, senior vice president of Sysco. “We believe that we can combine the strengths of Mayca and Sysco to better serve customers in the region.”
© 2019 Gale Media, Inc.
Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.
The 2018 Top Distributors List
This free PDF includes lists of top distribution companies across 14 sectors.
You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.
Download the Free PDF now >>
MDM Update: Daily Newsletter
Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox.
Sign-up for MDM Update >>