Sysco articles & resources on Made-in-China.com

Sysco to Acquire Kent Frozen Foods

Jan 17, 2018

Sysco has agreed to acquire Kent Frozen Foods, a UK-based foodservice distributor, for an undisclosed price to expand its European business. The acquisition, which is conditional upon approval from the Competition and Markets Authority, ...

Tags: Frozen Foods, Sysco

Commission Approves Sysco's Acquisition of Brakes

Jun 14, 2016

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Brakes, the largest UK food distributor, by Sysco, the largest US food distributor. The Commission found that the takeover would not adversely ...

Tags: Commission, Sysco's acquisition of brakes

Ametek Prestolite Power Develops Opportunity Charging Solution for Food and Beverage Supply Chain

Apr 21, 2016

Ametek Prestolite Power, a manufacturer of lift truck battery chargers and fleet management solutions, has developed an opportunity charging solution specifically for the food and beverage supply chain that reduces downtime, which is ...

Tags: Ametek Prestolite Power, Charging Solution, Perishable items

US Foods Plans to Raise $100m Through IPO

Feb 15, 2016

US Foods Holding Corp plans to go for initial public offering of its shares to raise $100m, a move that comes after Sysco Corp failed to acquire it. In its filing with the US Securities and Exchange Commission, US Foods did not state the ...

Tags: US Foods, food service

Sysco Corporation Has Called off Its Proposed Merger with US Foods

Jul 2, 2015

Food distributor Sysco Corporation has called off its proposed merger with US Foods, after the US District Court in Washington, D.C ruled against the $3.5bn deal. Last week, the court issued a preliminary injunction to halt the proposed ...

Tags: Sysco, US Foods

Food Distributor Tannis Trading Is Acquired by Sysco Canada

Apr 29, 2015

Sysco Canada has agreed to acquire foodservice distributor Tannis Trading for an undisclosed amount. Headquartered in Ottawa, Canada, Tannis Trading supplies food products to the food service industry. It offers institutional food ...

Tags: Sysco Canada, foodservice

Sysco and US Foods Inc. has Been Extended by 60 Days From March 8 to May 7

Mar 12, 2015

The merger date of Sysco Corp. and US Foods Inc. has been extended by 60 days from March 8 to May 7 because of the scheduled anti-trust hearings to be held in May, said food distributor Sysco in a filing with the US Securities Exchange ...

Tags: Sysco Corp, US Foods, Merger Date

Sysco plans to discard US Foods Distribution Centers

Feb 4, 2015

Food distributor Sysco has agreed to divest 11 US Foods distribution centers to Performance Food Group. The move is in line with Sysco's plans to win FTC approval for its proposed merger with US Foods announced in December 2013. The ...

Tags: Sysco, Performance Food Group

Talks to Secure an Approval From Antitrust Regulators Are Still Going on

Nov 19, 2014

The acquisition of US Foods by food distributor Sysco is not likely to happen in the current year as expected and its talks to secure an approval from antitrust regulators are still going on. In December 2013, Sysco announced that it ...

Tags: food distributor, Federal Trade Commission, Agriculture

FTC Weighing an Antitrust Lawsuit Against The $3.5bn Merger of Sysco

Sep 24, 2014

The Federal Trade Commission (FTC) is weighing an antitrust lawsuit against the $3.5bn merger of Sysco and US Foods which was announced in December. FTC has been investigating the proposed merger, which according to it, has the potential ...

Tags: FTC, Sysco, Food

Sysco Has Agreed to Pay a Settlement of US$19.4 Million with The State of California

Aug 22, 2014

US-based global food marketing and distribution company Sysco has agreed to pay a settlement of US$19.4 million with the State of California, for claims related to the Company’s use of drop sites in California. The $19.4 million ...

Tags: Sysco, Food Safety, Food

Us-Based Vanee Foods Is Recalling Nearly 3,156 Pounds of Turkey

Jun 26, 2014

US-based Vanee Foods is recalling nearly 3,156 pounds of turkey base product over misbranding and potential presence of an undeclared allergen. According to the US Department of Agriculture's Food Safety and Inspection Service (FSIS), the ...

Tags: Vanee Foods, turkey base product

Sysco,Said Its Sales Revenues in Q4 of 2013 Were NT$4.113 Billion, up by 7.3%

Jan 16, 2014

Sysco, one of the major coating steel mills in Taiwan, said its sales revenues in Q4 of 2013 were NT$4.113 billion, up by 7.3% compared to the last quarter. The company also registered its sales revenues of NT$1.462 billion in December of ...

Tags: Sysco, coating steel, sales revenues

Sysco Said That Its Gross Sales Profit Rate May Rebound Back to 10%

Jan 9, 2014

Sysco, one of the major coating steel mills in Taiwan, said the company's orders has been full booked until the end of February, 2014 and the company's current monthly production quantity which included galvanized, galvalume and pre-painted ...

Tags: Steel, Steel News, Taiwanese Sysco

Taiwan's Chung Hung Steel Increase Its January Price for Galvanized Steel by NT$300/Ton

Jan 7, 2014

Taiwan's Chung Hung Steel has announced to increase its January price for galvanized steel by NT$300/ton in the domestic market. However, the major coating steel mills, Yieh Phui Enterprise (YP) and Sysco have still decided to keep its ...

Tags: steel, metallurgy

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