Foodservice distribution is an essential piece of our industry puzzle, and Sysco is one operator at the helm. Strengthening its positioning, Sysco recently agreed to acquire another foodservice distributor based in Chicago, Illinois: Edward Don & Company (DON).
“We’re thrilled to announce our plans to acquire Edward Don & Company, a leader in the equipment and supplies industry for over 100 years,” said Kevin Hourican, Sysco’s President and Chief Executive Officer. “This exemplary business, led by Steve Don and a strong leadership team, will drive accretive value to Sysco’s business and enable Sysco to better serve our customers with a more complete product assortment. Additionally, this transaction will further demonstrate our Recipe for Growth strategy. We are excited to introduce our hundreds of thousands of customers to Edward Don’s compelling assortment and robust supply chain capabilities.”
Founded in 1921, DON generates approximately $1.3 billion in annual revenue, servicing a broad range of restaurants, foodservice, and other customers across the United States.
The release noted that this acquisition will allow Sysco to add strategic new capabilities and diversified offerings to complement its existing business and create a specialty Equipment and Supplies platform that will provide better selection and service to customers. Specifically, DON will bring:
Upon completion of the transaction, DON will operate as a standalone specialty division within Sysco. In addition, Sysco expects to retain the leadership team of DON, as well as all current employees.
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