Announced

Sysco to acquire Greco and Sons from Arbor Investments.

Synopsis

Sysco, a global foodservice distribution company, agreed to acquire Greco and Sons, an independent Italian specialty distributor in the United States, from private equity firm Arbor Investments. Financial terms were not disclosed. "We are excited to welcome Eddie Greco and the rest of the Greco and Sons family to Sysco. The addition of this great company to Sysco’s portfolio of specialty companies will enable us to better serve Italian-focused customers by establishing a new Cuisine-Focused Selling platform. Greco has perfected a go-to-market approach to serve the Italian segment, and we are committed to maintaining that excellence and expanding the capability to new geographies, over time," Kevin Hourican, Sysco President and CEO.

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