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]
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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 And FTC Fight Over Proposed Merger, Food Service Voltron
By 5.5.15
The Federal Trade Commission and commercial food supplier Sysco are meeting in court today over Sysco’s right to acquire its next biggest national competitor, US Foods. Does America need a food service Voltron? Sysco is defending its proposed acquisition, but the FTC stands against it. Arguments in federal court started today, and could last for more than a week. [More]
FTC Challenges Sysco Acquisition Of US Foods
By 2.19.15
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]
Sysco Meets With FTC Over Foodservice Voltron Proposal
By 2.12.15
Way back in 2013, we shared the news that Sysco, the country’s biggest supplier to restaurants and other food-service facilities, wanted to acquire its next-biggest competitor, US Foods. Yet the Federal Trade Commission still hasn’t come to a decision about that proposal. FTC officials don’t agree on the question of whether Sysco plans to sell enough of its business to make sure the restaurant supply business stays competitive. [More]
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]
USDA Investigating Food Giant Sysco After Report Claimed It Kept Meat, Dairy In Dirty Sheds
By 10.1.13 — Updated: 10.31.13
Where do you keep your raw meats, dairy and produce at home? In an old, dirty, rusted and unrefrigerated container? No, you put them in a properly cooled refrigerator, which is more than what food giant Sysco was doing, claimed a San Francisco news station’s investigation back in July. Now the United States Department of Agriculture is looking into Sysco after it received a complaint from a local meat trade association. [More]
Freshway Foods Lettuce Recalled In 23 States Following E. Coli Outbreak
By 5.7.10
Freshway Foods has recalled shredded romaine lettuce distributed in 23 states and the District of Columbia due to possible E. coli contamination. The affected lettuce was packaged for food service, wholesale, and salad bar consumption–not directly to consumers, except in salad kits sold at Kroger, Giant Eagle, Ingles Markets, and Marsh. [More]
"Whole Chicken Breast" Actually Chicken Part Composite
By 7.9.08
Why not try a SmartServe Chicken, brought to you by Sysco:
