M&A Deal Summary |
|
|---|---|
| Date | 2003-08-19 |
| Target | Smart & Final - Food Service Business |
| Sector | Food |
| Buyer(s) | Sysco |
| Sellers(s) | Smart & Final |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1969 |
| Sector | Distribution |
| Employees | 76,000 |
| Revenue | 78.8B USD (2024) |
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 | 9 of 36 |
| Sector: Food M&A | 4 of 13 |
| Type: Divestiture M&A Deals | 3 of 3 |
| Country: United States M&A | 8 of 30 |
| Year: 2003 M&A | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-04-07 |
Reed Distributors
Lewiston, Maine, United States Reed Distributors, Inc. is a distributor of disposable paper goods and ice cream cones and toppings through the internet for the paper and janitorial supply industry. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-09-26 |
Luzo Foodservice
New Bedford, Massachusetts, United States Luzo Foodservice distributes food and foodservice supplies to a variety of customers in Southeastern Massachusetts and Rhode Island. |
Buy | - |
Smart & Final is an operator of the smaller stores, warehouse-style, no membership fee, multi-format retailer serving both households and smaller businesses with a strong value proposition. Smart & Final operates 257 stores under its Smart & Final banner, which offer quality products in a variety of sizes, saving customers time and money without a membership fee. Its larger format stores, Smart & Final Extra! stores, combine the warehouse store with traditional grocery offerings like farm-fresh produce and natural and organic options, to provide a one-stop-shop for all. Smart & Final was founded in 1871 and is based in Commerce, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Food M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2003 M&A | 1 of 1 |
