Add-on Acquisition • Distribution

Sysco Acquires Pallas Foods

On March 31, 2009, Sysco acquired distribution company Pallas Foods

Acquisition Context
  • This is Sysco’s 10th transaction in the Distribution sector.
  • This is Sysco’s 1st transaction in Ireland.

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M&A Deal Summary

Date March 31, 2009
Target Pallas Foods
Sector Distribution
Buyer(s) Sysco
Deal Type Add-on Acquisition

Target Company

Pallas Foods

Newcastle West, Ireland
Pallas Foods Limited is a foodservice distributor based in Newcastle West, Ireland.
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Buyer Overview 1

Buyer

Sysco

Houston, Texas, United States

Category Company
Founded 1969
Sector Distribution
Employees76,000
Revenue 78.8B USD (2024)
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 Context for Buyer #
Overall 18 of 36
Sector: Distribution 10 of 20
Type: Add-on Acquisition 15 of 33
Country: Ireland 1 of 1
Year: 2009 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-18 Bunn Capitol Co.

Springfield, Illinois, United States

Bunn Capitol Co. is one of the premier food service distribution firms in the region. The company distributes more than 8,000 fresh, frozen and packaged goods to restaurants, healthcare businesses, clubs and other customer concepts throughout Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-13 Lincoln Poultry & Egg Co.

Lincoln, Nebraska, United States

Lincoln Poultry & Egg Co. is a broadline foodservice distributor based in Lincoln, Nebraska.

Buy -