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New Deal


Announced

Sysco to acquire BIX Produce.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Domestic

Acquisition

Pending

United States

Friendly

produce provider

Food Products

Majority

Private

Synopsis

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Sysco, an American multinational corporation involved in marketing and distributing food products, agreed to acquire BIX Produce, a produce specialty and fresh cut distributer based in Minnesota. Financial terms were not disclosed. "As we continue to invest in our specialty businesses, BIX Produce is an outstanding addition to our family of companies, reinforcing our Recipe for Growth strategy and helping our customers succeed through industry-leading people, products and solutions," Greg Bertrand, Sysco Executive Vice President, US Foodservice Operations.

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