Trade Resources Company News Sysco to Acquire Kent Frozen Foods

Sysco to Acquire Kent Frozen Foods

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, will see Kent Frozen Foods join Sysco’s other UK businesses, including Brakes, Fresh Direct and M&J Seafood.

Sysco Europe international foodservice operations senior vice president Ajoy Karna said: “Kent Frozen Foods will complement Sysco’s other UK businesses perfectly.

“Our businesses share many values, including a strong family heritage and customer-led culture and will benefit from complementary strengths in product offering and geography.”

Karna added: “The management team at Kent Frozen Foods has done a fantastic job building their business, which focuses heavily on independent customers, making it a perfect addition to our portfolio of businesses in the UK.  We’re delighted that they and their loyal employees will be joining the Sysco family.”

Kent Frozen Foods will continue to operate as an independent entity, but will enjoy the support of the world’s largest foodservice company, Sysco, with the opportunity to capitalise on closer working relationships with Sysco’s other UK and European businesses where appropriate.

Kent Frozen Foods CEO Chris Beckley said: “We are thrilled to be joining the Sysco family.  For our business, our colleagues and customers, having the added benefit of support from the world’s largest foodservice company presents an exciting and positive time ahead for all of us.”

Kent Frozen Foods is headquartered in Kent, with distribution facilities in Aylesford (Kent) and Witney (Oxfordshire).

Source: http://www.food-business-review.com/news/sysco-to-acquire-kent-frozen-foods-160118-6028340
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