Sysco To Buy European Imports

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2/22/2012 11:38 AM ET

Sysco Corp. (SYY: Quote) said Wednesday that it has reached an agreement to buy Chicago-based European Imports, Ltd.

The acquisition is expected to be completed in the coming weeks.

European Imports, a full-line specialty food distributor to the central United States with concentration in the Midwest, Texas, Arizona, Colorado and Atlanta, had annualized sales of $124 million in its most recent fiscal year.

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