HOUSTON — Sysco Corporation (NYSE:SYY) announced that it has acquired North Star Seafood. With approximately $128 million in annual sales, North Star distributes high-quality fresh and frozen seafood to a combination of local, wholesale, cruise, export and retail customers throughout Florida. Financial terms were not disclosed.
“We are pleased and excited to welcome North Star Seafood to the Sysco family of meat and seafood companies,” said Tom Bené, Sysco’s president and chief operating officer. “With its high-touch reputation for serving customers and deep relationships with more than 300 seafood suppliers worldwide, we believe we now can provide an even greater experience to Sysco’s customers in Florida and those who’ve enjoyed North Star’s services for many years.”
All North Star employees and management will remain in place.
About Sysco
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. The company operates 196 distribution facilities serving approximately 425,000 customers. For Fiscal Year 2015 that ended June 27, 2015, the company generated sales of more than $48 billion. For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoCorporation or Twitter at https://twitter.com/Sysco. For important news regarding Sysco, visit the Investor Relations section of the company's Internet home page at www.sysco.com/investors, follow us at www.twitter.com/SyscoStock and download the new Sysco IR App, available on the iTunes App Store and the Google Play Market. In addition, investors should also continue to review our news releases and filings with the Securities and Exchange Commission. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.
Source: Sysco
