FONT-SIZE Plus   Neg

Sysco To Acquire Crossgar Foodservice

Sysco Corp. (SYY) Tuesday said it signed an agreement to acquire Crossgar Foodservice, through its subsidiary, Pallas Foods. Financial details of the transaction were not disclosed.

The acquisition will expand Sysco's presence on the island of Ireland. It acquired Pallas Foods in 2009. Both Crossgar Foodservice and Pallas Foods will retain their existing brand identities, and management teams at the two companies will remain in place.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Buick, Lexus and Toyota are among the top brands with highest reliability rating in the latest annual brand reliability survey. A New York woman has filed a $20 million lawsuit against Kentucky Fried Chicken, accusing the fast-food giant of 'false and deceptive trade practice' and also of misleading customers as she did not get enough chicken in her $20 "Fill-Up." Fans of Girl Scouts Cookies can rejoice. General Mills Inc. has confirmed its plans to launch two cereals inspired by Girl Scout cookies next year. The cereals will come in two flavors and in boxes carrying the Girl Scouts logo.
comments powered by Disqus
Follow RTT