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Sysco Foods buys US Foods
Posted on 12/9/13 at 8:40 am
Posted on 12/9/13 at 8:40 am
8.4 billon including debt. Deal to close 3rd qtr. Huge for foodservice.
2
Posted on 12/9/13 at 8:48 am to naturaltiger
Maybe I'll get better service now. Had good experiences with Sysco. US Foods gets on my nerves.
Posted on 12/9/13 at 9:37 am to jmarto1
quote:
Maybe I'll get better service now. Had good experiences with Sysco. US Foods gets on my nerves.
dont count on it. give Sysco a virtual monopoly in that market - thats rarely, if ever - a good thing.
Posted on 12/10/13 at 12:02 am to jcole4lsu
quote:
give Sysco a virtual monopoly in that market
Performance Food Group, Rehinhart, Gordon Food Service & Jetro Holdings are all strong competitors to just name a few off of the top of my head.
Posted on 12/10/13 at 11:46 am to naturaltiger
quote:
Huge for foodservice
I agree
Posted on 12/10/13 at 6:00 pm to nolanola
They aren't strong competitors in NOLA. Sysco owns this market. Has for many many years.
Posted on 12/11/13 at 8:15 am to nolanola
quote:
Performance Food Group
Actually pretty small but loved their service. We were their biggest account until we switched to US Foods. I received an email from them today saying this should all be completed by the 3rd quarter of next year.
Posted on 12/18/13 at 1:27 pm to jmarto1
quote:
Actually pretty small but loved their service. We were their biggest account until we switched to US Foods. I received an email from them today saying this should all be completed by the 3rd quarter of next year.
I once delivered for US FOODS(over a decade ago). Was it driver ,delivery time or product issues that you had with USFOODS?
Posted on 12/18/13 at 1:39 pm to sugar71
Anyone here own their stock long term?
This post was edited on 12/18/13 at 1:40 pm
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