After months of battling with federal regulators – including contentious meetings, a lawsuit and a federal injunction – food distributor Sysco has dropped its plan to merge with rival U.S. Foods. [More]
foodservice
Federal Judge Blocks Formation Of Foodservice Supply Voltron
By 6.23.15
Sysco and US Foods, the two biggest national foodservice suppliers, want to merge, and the meanies at the Federal Trade Commission won’t let them. Regulators think this merger would be bad for the companies’ customers–and their customers are food service institutions ranging from the most humble snack bars to the fanciest restaurants. Back in February, the FTC sued to stop the merger, and today a federal judge has issued a preliminary injunction blocking 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]
