Sysco’s in-person meetings with the Federal Trade Commission didn’t have the desired effect. The foodservice supply giant wanted approval for its planned acquisition of competitor U.S. Foods, but the FTC thinks that Sysco wants to gobble up too much of the market. The commissioners voted 3-2 to block the merger. [More]
u.s. foods
FTC May Block Planned Sysco And U.S. Foods Merger
By 9.23.14
Last December, we shared the news that commercial food suppliers U.S. Foods and Sysco were planning a merger, which would put about a quarter of the country’s entire foodservice-supply business in the hands of one company. The merger hasn’t yet gone through, and the Federal Trade Commission is considering a federal antitrust lawsuit to stop it. [More]
Sysco To Buy U.S. Foods, Gobbling 1/4 Of Foodservice Supply Industry
By 12.10.13
When you go out to eat at establishments ranging from the fanciest restaurants to a humble hot dog stand, there’s a pretty good chance that at least part of your meal came from either Sysco or U.S. Foods, the two biggest companies in the category. Now Sysco has announced plans to acquire the smaller company, and together they’ll have 25% of the food-service supply business. [More]
