Sysco to Acquire Edward Don & Company
October 12, 2023: Sysco Corporation, the world’s largest food service distributor, has announced plans to acquire Edward Don & Company, a leading food service equipment, supplies, and disposables distributor.
The deal is expected to close in early 2024 and will give Sysco a stronger foothold in the equipment and supplies market.
Edward Don & Company generates approximately $1.3 billion in annual revenue and has a network of over 20 distribution centers across the United States.
Sysco CEO Kevin Hourican said the acquisition will “drive accretive value to Sysco’s business and enable Sysco better to serve our customers with a more complete product assortment.”
What does this mean for customers?
Customers of Sysco and Edward Don & Company can expect to benefit from the acquisition in several ways. Sysco will be able to offer its customers a wider range of products and services, and it will be able to do so at more competitive prices.
Sysco also has a strong reputation for customer service, so Edward Don & Company customers can expect to receive the same high level of service after the acquisition.
What does this mean for employees?
Sysco plans to retain Edward Don & Company’s employees after the acquisition. This is good news for employees, as it means they will not have to worry about losing their jobs.
Sysco is also a good company to work for, with a strong track record of employee satisfaction. Edward Don & Company employees can expect to benefit from Sysco’s employee benefits package, which includes health insurance, retirement savings plans, and paid time off.
The acquisition of Edward Don & Company by Sysco is a positive development for both customers and employees. Customers can expect to benefit from a wider range of products and services, and employees can expect the same high service and benefits.