Announced

Completed

Sysco completed the acquisition of Fairfax from Hilton Foods for £54m.

Synopsis

Sysco, a food distribution company supplying restaurants, healthcare, and hospitality businesses with wholesale food and related products, completed the acquisition of Fairfax, a UK catering butcher providing meat processing and distribution services to the foodservice industry, from Hilton Foods, a food products company providing meat, seafood, plant-based foods, ready meals, and supply chain services internationally, for £54m. "We have a strategic focus on providing the best centre of plate offer in foodservice, and the acquisition of Fairfax Meadow is a crucial next step in our plan to build leadership in the critical meat category. We believe this is a complementary fit for Sysco GB, strengthening our fresh meat proposition across the country and bringing even greater value to our customers," Paul Nieduszynski, Sysco GB CEO.

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