Sysco Corp to acquire Kent Frozen Foods

Jan. 19, 2018
Learn how Sysco Corp's planned acquisition of Kent Frozen Foods will complement the foodservice operator's other UK operations.

Sysco Corporation (NYSE:SYY) has signed a definitive agreement to acquire Kent Frozen Foods, a successful United Kingdom-based foodservice distributor with revenue of £47 million in the year ended December 31, 2016.

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.

“Kent Frozen Foods will complement Sysco’s other UK businesses perfectly,” said Ajoy Karna, Sysco’s senior vice-president, International Foodservice Operations–Europe.  “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.

“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,” said Karna. “We’re delighted that they and their loyal employees will be joining the Sysco family.”

Kent Frozen Foods is headquartered in Kent, with distribution facilities in Aylesford (Kent) and Witney (Oxfordshire). It will continue to operate as an independent entity, but will enjoy the support of Sysco, with the opportunity to capitalize on closer working relationships with Sysco’s other UK and European businesses.

With more than 65,000 associates, Sysco operates about 300 distribution facilities worldwide and serves more than 500,000 customer locations. For fiscal 2017 that ended July 1, 2017, the company generated sales of more than $55 billion.

For more information, visit www.sysco.com.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...