Sysco to Acquire Goldberg & Solovy - Modern Distribution Management

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Sysco to Acquire Goldberg & Solovy

The $140 million distributor expands Sysco's reach in California.
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Foodservice distributor Sysco Corp. (NYSE:SYY), Houston, TX, has agreed to acquire Goldberg & Solovy Foods Inc., a broadline foodservice distributor with about $140 million in revenues based in Southern California.

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"G&S' protein specialty and high-quality customer service are an ideal fit with Sysco's culture and operations," said Scott Sonnemaker, Sysco's senior vice president, western region.

The company provides the foodservice industry with a full line of products, including fresh meat, pork, seafood, poultry, canned foods, frozen foods, paper goods, imported cheese, disposables, small wares, and equipment.     

Sysco operates 180 distribution facilities. For the fiscal year 2010 ended July 3, 2010 the company had more than $37 billion in sales.

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