Sysco Corporation (NYSE:SYY) acquired J & M Wholesale Meats and Imperio Foods, Inc. on April 12, 2019. Sysco Corporation paid cash of $106.6 million for acquisitions, net of cash acquired, including Waugh Foods, Inc., J & M Wholesale Meats and Imperio Foods, Inc. within U.S. Foodservice operations, Classic Drinks and the remaining interest in Iowa Premium, making the previously consolidated entity a wholly owned subsidiary, which was subsequently sold in the fourth quarter of fiscal 2019. J & M Wholesale Meats and Imperio Foods, Inc. reported approximately $44 million in combined annual sales. J & M Wholesale Meats/Imperio Foods executives will continue to manage the business, including owner and operator, Maria Jimenez. Sysco Corporation (NYSE:SYY) completed the acquisition of J & M Wholesale Meats and Imperio Foods, Inc. on April 12, 2019.