Sysco To Buy Waugh Foods
Advertisement
Sysco Corp. (SYY), a foodservice distribution company, Monday said it has agreed to acquire Waugh Foods Inc., a Illinois-based broadline distributor with about $40 million in annual sales.
Waugh Foods has been in business for 70 years. Joseph A. Waugh, Sr. founded Waugh Frozen Food Company in 1948, and in 1966, after additions to the company's product lines, the name was changed to Waugh Foods, Inc.
"Waugh Foods has a long, rich history in the Central Illinois area, which includes strong relationships with local independent operators," said Greg Bertrand, executive vice president, U.S. foodservice operations. "We are excited to welcome Waugh into the Sysco family and believe this acquisition is a perfect complement to our existing local and regional presence."
Waugh Foods executives will continue to manage the business, including Waugh President, Rick Look, Tim Waugh and Joe Waugh, Jr. (dpa)
Most read news
Organizations
Other news from the department business & finance
Get the food & beverage industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.
Most read news
More news from our other portals
Last viewed contents
Is Your Milk Flavor Affected by Its Packaging? - New research in the Journal of Dairy Science® demonstrates that paperboard cartons—which are widely used in school meal programs—do not preserve milk freshness as well as other containers
Krones is right on target after the first three quarters
How would a nuclear winter impact food production? - Research focuses on how meeting food security and nutrition in the face of potential risks is one of humanity's major challenges over the next decades.
Philippine beer tycoon allied with late dictator dies
Bertrand Austruy, Chief Human Resources Officer and General Secretary, announced he will step down from his roles at Danone - Laurent Sacchi will succeed him as General Secretary. Chief Human Resources Officer succession will be announced in due course
Shimadzu Scientific Instruments, Inc. - Columbia, USA
POWTECH 2023: Visitors from all around the world look forward to a wide-ranging programme
What motivates Americans to eat less red meat? - New research looks at whether health risks or environmental impacts matter more
European Hygienic Engineering and Design Group (EHEDG) - Frankfurt am Main, Germany
Dr. Oetker Intends to Acquire the Leading Brand in Decorative Articles for Cakes and Baking Tins in the USA
Harvesting Genes to Improve Watermelons