Sysco buys 50 percent stake in Pacific Star Foodservice of Mexico
SEAFOODNEWS.COM [SCOM] - November 12, 2014 -
Sysco Corporation announced that it has reached an agreement to buy 50 percent of Pacific Star Foodservice, a leading foodservice distributor in Mexico whose majority equity shareholder is privately-owned Arancia, S.A. de C.V.
Pacific Star has operated since 1989 with distribution centers servicing customers in the major metropolitan areas of Mexico City, Guadalajara, Monterrey and Tijuana. It primarily services chain accounts, including fast food and casual dining restaurants, casinos, theme parks, movie theaters and hotels throughout Mexico.
Pacific Star is Sysco's second Latin America market investment in 2014...
To Read Full Story Login Below.