One of the world’s largest breadline distributors may be eyeing additional expansion abroad. This week, sources told seafood business news source Undercurrent News that Sysco has approached major Italian seafood importer MARR in regards to a potential acquisition.
The deal would, according to the news source, give Sysco a foothold in southern Europe.
The Texas-based foodservice company made its first foray into the continent in 2016 with the acquisition of UK’s Brake Bros—thereby acquiring its French subsidiary Davigel. And Sysco recently acquired Kent Frozen Foods, increasing its presence in the British market considerably.
Sources confirmed to Undercurrent News that Sysco representatives visited MARR’s headquarters in Rimini earlier in the year, but could not confirm that a deal is progressing. The acquisition of MARR would be Sysco’s first move into Italy.
Controlling interest in MARR is currently owned by protein provider Creomonini.
Will Sysco find fertile ground for growth on Italian soil? Deli Market News will continue to report with the latest rumblings in retail and foodservice.
