The 2020 Mid-Year Economic Update_long

Guest Supply Acquires Gilchrist & Soames

Acquisition expands companys luxury personal care offerings.

Guest Supply, a wholly owned subsidiary of Sysco Corp. (NYSE: SYY), Houston, TX, has acquired Gilchrist & Soames, a luxury personal care amenity provider for the hospitality industry with annual sales of $60 million.

"With Gilchrist & Soames' strong reputation in the high-end personal care amenities category and its solid customer base in the hospitality segment, this acquisition expands Guest Supply's luxury personal care offerings for hotels, resorts and spas," said Paul Xenis, president and CEO of Guest Supply.

Guest Supply will continue to operate all Gilchrist & Soames manufacturing and distribution facilities and sales resources operating out of Indianapolis, IN, and Peterborough, England.

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