M&A Deal Summary

Sysco Acquires Abbott Foods

On October 15, 2002, Sysco acquired distribution company Abbott Foods

Acquisition Highlights
  • This is Sysco’s 2nd transaction in the Distribution sector.
  • This is Sysco’s 4th transaction in the United States.
  • This is Sysco’s 1st transaction in Ohio.

M&A Deal Summary
Date 2002-10-15
Target Abbott Foods
Sector Distribution
Buyer(s) Sysco
Deal Type Add-on Acquisition

Target

Abbott Foods

Columbus, Ohio, United States
Abbott Foods, Inc. is an independently owned broadline foodservice distributor.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Sysco

Houston, Texas, United States
Category Company
Founded 1969
Sector Distribution
Employees72,000
Revenue 76.3B USD (2023)
DESCRIPTION
Entrance to Sysco's corporate headquarters in Houston, Texas.
Entrance to Sysco's corporate headquarters in Houston, Texas.

Sysco is a distributor of food products to restaurants, healthcare and educational facilities, lodging establishments, and other customers who prepare meals away from home. Sysco's family of products also includes equipment and supplies for the food service and hospitality industries. Sysco was founded in 1969 and is based in Houston, Texas.

DEAL STATS #
Overall 5 of 36
Sector (Distribution) 2 of 20
Type (Add-on Acquisition) 4 of 33
State (Ohio) 1 of 1
Country (United States) 4 of 30
Year (2002) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-04-01 SERCA Foodservice

Calgary, Alberta, Canada

SERCA Foodservice is a provider in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-11-12 Asian Foods

St. Paul, Maine, United States

Asian Foods, Inc. is a distributor of food to Asian restaurants from locations in St. Paul and Kansas City, Mo. Asian Foods supplies about 2,000 products to 1,800 customers in 14 states.

Buy -
Mergr

Product

Company

Legal