Sysco Completes Acquisition of the Coastal Companies
HOUSTON, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, announced today it has completed the acquisition of The Coastal Companies, a leading fresh produce distributor and value-added processer. The acquisition will operate as part of FreshPoint, Sysco's specialty produce business, and enables FreshPoint to enhance its service to the important Mid-Atlantic region, strategically diversify its portfolio by adding retail and ready-to-eat capabilities and adds state-of-the-art facilities with capacity for growth. Founded in 1992 and based in Laurel, MD, The Coastal Companies generates annual revenue of approximately $600 mil
