{"id":833932,"date":"2023-10-11T21:02:36","date_gmt":"2023-10-12T01:02:36","guid":{"rendered":"https:\/\/www.wds-media.com\/sysco-corp-agrees-to-acquire-edward-don-co\/"},"modified":"2023-10-11T21:02:36","modified_gmt":"2023-10-12T01:02:36","slug":"sysco-corp-agrees-to-acquire-edward-don-co","status":"publish","type":"post","link":"https:\/\/www.wds-media.com\/sysco-corp-agrees-to-acquire-edward-don-co\/","title":{"rendered":"<div>Sysco Corp agrees to acquire Edward Don &amp; Co<\/div>"},"content":{"rendered":"<div>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2023\/10\/Sysco_01.jpg\" alt=\"\" width=\"640\" height=\"427\" class=\"aligncenter size-full wp-image-83448\" srcset=\"https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2023\/10\/Sysco_01.jpg 640w, https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2023\/10\/Sysco_01-300x200.jpg 300w, https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2023\/10\/Sysco_01-50x33.jpg 50w, https:\/\/www.tradingpedia.com\/wp-content\/uploads\/2023\/10\/Sysco_01-100x67.jpg 100w\" sizes=\"(max-width: 640px) 100vw, 640px\"><\/p>\n<p>Sysco Corp said on Wednesday that it had agreed to acquire Chicago-based Edward Don &amp; Company, a distributor of food service equipment, supplies and disposables.<\/p>\n<p>The acquisition is expected to provide a range of benefits to Sysco, including:<\/p>\n<p>\u2013 First, a wide distribution footprint with more than 1.4 million square feet of distribution centers and office space in key locations across the US;<\/p>\n<p>\u2013 Second, a dedicated and experienced field sales team with a focus on equipment and supplies;<\/p>\n<p>\u2013 And third, design and build capabilities, which will complement its existing business.<\/p>\n<p>Once the transaction is completed, Edward Don &amp; Co will operate as a standalone specialty division within Sysco.<\/p>\n<p>Established in 1921, Edward Don &amp; Co generates about $1.3 billion in revenue per year, as it services a wide range of restaurant, food service and other clientele in the US.<\/p>\n<p>\u201cWe\u2019re thrilled to announce our plans to acquire Edward Don &amp; Company, a leader in the equipment and supplies industry for over 100 years,\u201d Kevin Hourican, Sysco Corp\u2019s President and Chief Executive Officer, said in a press release.<\/p>\n<p>\u201cThis exemplary business, led by Steve Don and a strong leadership team, will drive accretive value to Sysco\u2019s business and enable Sysco to better serve our customers with a more complete product assortment. Additionally, this transaction will further demonstrate our Recipe for Growth strategy. We are excited to introduce our hundreds of thousands of customers to Edward Don\u2019s compelling assortment and robust supply chain capabilities,\u201d the CEO added.<\/p>\n<p>The post <a href=\"https:\/\/www.tradingpedia.com\/2023\/10\/11\/sysco-corp-agrees-to-acquire-edward-don-co\/\">Sysco Corp agrees to acquire Edward Don &amp; Co<\/a> first appeared on <a href=\"https:\/\/www.tradingpedia.com\/\">Trading Pedia<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sysco Corp said on Wednesday that it had agreed to acquire Chicago-based Edward Don &amp; Company, a distributor of food service equipment, supplies and disposables. The acquisition is expected to provide a range of benefits &#8230;<\/p>\n","protected":false},"author":2,"featured_media":833933,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"_links":{"self":[{"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/posts\/833932"}],"collection":[{"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/comments?post=833932"}],"version-history":[{"count":0,"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/posts\/833932\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/media\/833933"}],"wp:attachment":[{"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/media?parent=833932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/categories?post=833932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wds-media.com\/wp-json\/wp\/v2\/tags?post=833932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}