sysco

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Sysco Tests Freightliner eCascadia in California

Sysco trucks Luke Sharrett/Bloomberg

Sysco Corp. announced it is testing in California an all-electric Freightliner eCascadia from Daimler Trucks North America.

October 9, 2020
Business, Logistics

Sysco Approaches Germany Firm Metro About Takeover

Sysco food distribution trucks Sysco delivery trucks sit outside the company's distribution center in Louisville. Ky. (Luke Sharrett/Bloomberg News)

Sysco Corp. has approached German wholesaler Metro AG about a takeover, as the U.S. food distribution giant explores ways to expand in Europe, people with knowledge of the matter said.

March 3, 2020
Business

Sysco Corp. Ends US Foods Acquisition Bid

Kolin Toney/Flickr

Sysco Corp. pulled out of a $3.5 billion acquisition of US Foods after a federal judge blocked the takeover.

June 29, 2015
Business

Sysco’s $3.5 Billion Bid for US Foods Blocked by Federal Judge

Luke Sharrett/Bloomberg News

Sysco Corp.’s planned $3.5 billion takeover of US Foods Inc. was blocked by a federal judge, who said a merger of the food distribution giants would probably reduce competition and raise prices for hotels and restaurants.

David McLaughlin | Bloomberg News
June 24, 2015
Business

Sysco to Contest FTC Move Blocking Merger With U.S. Foods

Kolin Toney/Flickr

Sysco Corp. said it will contest a move by the Federal Trade Commission to block its proposed merger with US Foods.

February 20, 2015
Business

Sysco Acquisition of US Foods Delayed by Feds

Don Buciak II/Flickr

Sysco Corp said its acquisition of rival food distributor US Foods, based in Rosemont, Illinois, isn’t likely to be completed until early next year as federal officials continue to scrutinize the deal for potential anticompetitive implications.

November 4, 2014
Business

Analysts Expect Government to Approve Sysco’s $3.5 Bln. Purchase of U.S. Foods

Sysco Corp.’s planned acquisition of its largest competitor, U.S. Foods, is likely to be approved by federal regulators and could spur competition among food-service distributors, a prominent food industry consultant said.

January 13, 2014
Business

Sysco to Buy U.S. Foods, Its Largest Competitor

Sysco Corp., the nation’s largest independent food distributor, said it will acquire its largest rival, U.S. Foods, creating a company with $66 billion in annual sales and a private truck fleet that will be the second largest in North America.

December 16, 2013