Sysco is launching its first retail storefront, Sysco To Go, to offer bulk supplies to smaller businesses and cut supply chain costs.
Latest In Sysco
The acquisition of foodservice equipment distributor DON will add new capabilities and diversified offerings for Sysco customers.
The company completed its acquisition of the Maryland-based fresh produce distributor in a deal that previously was announced in December.
The foodservice distributor reported fiscal 2022 second-quarter sales of $16.3 billion.
The foodservice distributor announced Monday it has reached a deal to acquire a leading fresh produce distributor and value-added processer.
Sales for 2022 fiscal first quarter were $16.5 billion, while operating income increased more than 50% compared with the previous year.
Foodservice distributor posts solid U.S. sales, sees double-digit increase internationally.
Sales increase 5.7 percent to $14.4 billion in fourth quarter.
Anita Zielinski will also act as senior vice president.
Sales also increase 10 percent to $13.6 billion in fourth quarter.
Supplies on the Fly is an e-commerce platform exclusively serving Sysco customers.
Acquisition strengthens company’s presence in Florida.
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