Announced

Completed

Sysco completed the acquisition of Brakes Group from Bain Capital.

Synopsis

Sysco, a corporation involved in marketing and distributing food products, completed the acquisition of Brakes Group, a catering food and drink supplier, from Bain Capital, a private equity firm, for £2.2bn. “Since we bought Brakes Group in 2007, the business has been transformed with capital investment of more than £100m in an e-commerce platform, multi-temperature distribution infrastructure, and customer service enhancements," Dwight Poler, Bain Capital Managing Director.

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