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.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.