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pingbag

12/09/13 8:53 AM

#16730 RE: BornAgain #16729

Very promising!!!
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jimr1717

12/09/13 8:59 AM

#16731 RE: BornAgain #16729

Yes
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JustGoLong

12/09/13 2:17 PM

#16736 RE: BornAgain #16729

Born...Looks like you're correct on the added revenue possibilites for IVFH! As noted below, USF has 9% of the market and adding Sysco, brings in another 18% of the food market!

Sysco Chief Executive Bill DeLaney, speaking on a conference call with analysts, said Sysco now has an 18 percent share of the market, while US Foods has 9 percent.



(Reuters) - Sysco Corp (SYY.N) will buy US Foods Inc for about $3.5 billion from its private equity owners in a deal that will combine the top two U.S. food distributors and create a company commanding about a quarter of the $235 billion North American market.




http://www.reuters.com/article/2013/12/09/us-sysco-acquisition-idUSBRE9B80GZ20131209?feedType=RSS&feedName=businessNews

Suppliers

The combination of Sysco and US Foods will create a more effective business partner for suppliers.

Both Sysco and US Foods value their strong relationships with suppliers. Our suppliers will remain an integral part of the business going forward. As such, please rest assured that we will honor all existing commitments.

The combination of Sysco and US Foods brings together the best of both businesses – we believe we can create more opportunities to support our customers’ success.


http://bestofbothinfood.com/suppliers/