M&A Deal Summary

Sysco Acquires FreshPoint

On March 17, 2000, Sysco acquired food company FreshPoint

Acquisition Highlights
  • This is Sysco’s 2nd transaction in the Food sector.
  • This is Sysco’s 2nd transaction in the United States.
  • This is Sysco’s 1st transaction in Colorado.

M&A Deal Summary

Date 2000-03-17
Target FreshPoint
Sector Food
Buyer(s) Sysco
Deal Type Add-on Acquisition

Target

FreshPoint

Denver, Colorado, United States
FreshPoint, Inc. provides dairy products, and fancy foods In US.

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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 2 of 36
Sector (Food) 2 of 13
Type (Add-on Acquisition) 2 of 33
State (Colorado) 1 of 1
Country (United States) 2 of 30
Year (2000) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-08-20 Buckhead Beef

Atlanta, Georgia, United States

Buckhead Beef Co. is a provider of packaging, and delivery of meat, seafood, and other food products for customers in the United States, the Caribbean, and internationally.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-03-15 Guest Supply

Monmouth Junction, New Jersey, United States

Guest Supply LLC is a personal care amenities and other hotel operating supplies.

Buy -