Printer Friendly

Sysco Corporation, a foodservice marketer and distributor, and Sobeys Inc. jointly announced their intention to offer for sale the Pacific Division operations of Serca Foodservice Inc. (Business Briefs).

Sysco Corporation, a foodservice marketer and distributor, and Sobeys Inc. jointly announced their intention to offer for sale the Pacific Division operations of Serca Foodservice Inc. The operations are offered for sale in connection with the previously announced acquisition by Sysco of the Serca foodservice operations from Sobeys. The purpose of the sale is to allow the Pacific Division to continue as a broadline foodservice distributor in British Columbia, independent of Sysco. Both the sale of the Pacific Division operations and Sysco's acquisition of the Serca operations are subject to numerous conditions, including obtaining the approval of the Competition Bureau of Canada.
COPYRIGHT 2002 Informa Economics, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Comment:Sysco Corporation, a foodservice marketer and distributor, and Sobeys Inc. jointly announced their intention to offer for sale the Pacific Division operations of Serca Foodservice Inc. (Business Briefs).
Publication:Food & Drink Weekly
Geographic Code:1USA
Date:Jan 28, 2002
Words:102
Previous Article:U.S. soft drink maker PepsiCo said it ended discussions with the majority owners of Mexican juice company Jugos del Valle about a possible...
Next Article:Pernod Ricard, the French drinks group which recently bought part of Seagram, has announced that it will increase its marketing spend in Central and...
Topics:


Related Articles
Sysco Corporation, a foodservice marketer and distributor, has signed a definitive agreement to purchase for $278 million substantially all of the...
SYSCO Corporation and Sobeys Inc. Announce Intention to Sell Pacific Division Operations of SERCA Foodservice Inc.
SYSCO and Sobeys Announce Definitive Agreement to Sell Pacific Division of SERCA Foodservice to Gordon Food Service.
Sysco to acquire Canadian foodservice distributor. (Foodservice).
Sobeys Inc. and Sysco Corporation jointly announced the signing of a definitive agreement to sell the Pacific Division operations of Serca...
Sobeys Inc., Canada's second- largest retail grocer and distributor, announced today completion of the sale of all of the assets of its Serca...
SYSCO Corporation. (Grapevine: News About People).
Mesler appointed vice president of organization development & strategy at SYSCO Corp.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters