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Sysco offers custom kitchen building for its restaurant customers. [40] The company also aids these customers with tasks such as menu design and the development of marketing campaigns. [46] [50] Sysco owns Sygma, a subsidiary it founded in January 1984. [51] Sygma is a food service supplier specializing in large chain restaurants. As of ...
On December 9, 2013, Sysco Corp announced it would acquire US Foods for $8.2 billion ($3.5 billion plus $4.7 billion of debt), [17] but on June 24, 2015, U.S. federal judge Amit Mehta ruled that the combined Sysco-US Foods would control 75% of the U.S. foodservice industry and that would stifle competition. On June 29, 2015, Sysco terminated ...
The Fortune 500 list of companies includes only publicly traded companies, also including tax inversion companies. There are also corporations having foundation in the United States, such as corporate headquarters, operational headquarters and independent subsidiaries.
A pair of Sysco Corporation units claimed two out of only five Defense Department contracts awarded on Friday, promising $38.2 million in new revenues to the company in total. Specifically: Sysco ...
The Department of Defense worked overtime Friday, awarding 34 separate defense contracts in 24 hours. Total value: $1.46 billion. Among the publicly traded companies winning contracts, three firms ...
Sysco's SYGMA subsidiary, which serves national restaurant chains, saw compelling growth with sales increasing by 10.6%, driven by robust demand and effective cost controls. SYGMA's operating ...
Brake Bros Limited has been a subsidiary of Sysco Corporation since 5 July 2016 when the latter bought it for $3.1 billion. [ 7 ] [ 8 ] Its customers include schools, contract caterers, hospitals, hotels, independent dining establishments and various large restaurant chains.
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