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Sysco completes Kent Frozen Foods deal

Published 04/03/2018, 08:11 AM
© Reuters.  Sysco completes Kent Frozen Foods deal
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  • Sysco Corporation (NYSE:SYY) completed the acquisition of U.K. foodservice distributor Kent Frozen Foods after the deal was approved by the Competition and Markets Authority last month,
  • "This acquisition is a perfect addition to our portfolio of businesses in the U.K.,” said Sysco senior vice president, International Foodservice Operations – Europe, Ajoy Karna.
  • Sysco says Kent Frozen Foods will continue to operate as an independent entity, but will now enjoy the support of the world’s largest foodservice company.
  • Financial terms of the deal weren't disclosed.
  • Source: Press Release
  • Now read: Tesla (NASDAQ:TSLA): 2018 Revenues Expected To Double, Stock Likely To Rebound And Proceed Higher


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