Founded in 1992 and based in
- Foodservice Distribution –
Coastal Sunbelt Produce a leading foodservice supplier of produce, specialty, fresh-cut and value-added products in the Mid-Atlantic region. - Retail Distribution –
Lancaster Foods is a wholesale supplier of produce and fresh-cut products to retail distribution centers and store locations. - Value-Added Manufacturing –
East Coast Fresh is a regional processor of fresh-cut and value-added products, manufacturing items such as pre-cut fruits and vegetables, salsas, meal preparation solutions and grab-and-go items.
”As Sysco continues to invest in our specialty offerings, The Coastal Companies is an outstanding addition to our family of specialty companies and the acquisition reinforces our Recipe for Growth strategy,” said
“We are proud of what we have built at The Coastal Companies and excited about our next chapter of growth,” said
The acquisition is subject to regulatory approval and other customary closing conditions. The terms of the agreement were not disclosed.
About Sysco
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 58,000 associates, the company operates 343 distribution facilities worldwide and serves more than 650,000 customer locations. For fiscal 2021 that ended July 3, 2021, the company generated sales of more than $51 billion. Information about our CSR program, including Sysco’s 2021 Corporate Social Responsibility Report, can be found at www.sysco.com/csr2021report.
For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoFoods. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.
About Continental Grain
For more information contact: | |
Media Contact Shannon.Mutschler@sysco.com T 281-584-4059 | IR Contact Kevin.Kim@sysco.com T 281-436-1219 |
Source:
2021 GlobeNewswire, Inc., source