Sysco to Acquire Fresh Produce Distributor The Coastal Companies
Sysco Corporation, a global foodservice distribution company, announced Dec. 6 it has entered into an agreement to acquire The Coastal Companies, a fresh produce distributor and value-added processor, from Continental Grain Company. Upon completion of the transaction, the acquisition will operate as part of FreshPoint, Sysco’s specialty produce business.
The acquisition will create a strong FreshPoint presence in the Mid-Atlantic region, provide significant value-added manufacturing capabilities and further diversify Sysco’s produce specialty business.