Syndicated finalizes food-service acquisition

Jan. 2, 2002
Syndicated Food Service International of Daytona Beach, FL, has finalized its acquisition of Beasley Food Service, a food-service distributor in Bloomington, IN, and its transportation affiliate, Beasley Transportation. Both Beasley companies have been merged into their opposite entities within Syndicated. Beasley generated approximately $19 million in sales during 2001, said Syndicated, and it serves
Syndicated Food Service International of Daytona Beach, FL, has finalized its acquisition of Beasley Food Service, a food-service distributor in Bloomington, IN, and its transportation affiliate, Beasley Transportation. Both Beasley companies have been merged into their opposite entities within Syndicated.

Beasley generated approximately $19 million in sales during 2001, said Syndicated, and it serves the Bloomington, Indianapolis, Evansville, Terre Haute and Danville markets within Indiana.

"The closing of this acquisition shores up our business plan for 2002 and keeps us on track with our acquisition plan," said William Keeler, Syndicated's CEO. That plan includes more regional growth through the further acquisition of established businesses with proven financial results and market brands, he added.

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