Acquiring Company
Sysco Corporation
Acquired Company
Coastal
HoustonUnited StatesFood and BeverageHospitalityFinancial ServicesSoftwareArtificial IntelligenceFinanceLendingBankingConsultingSaaSDescription
Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today it has completed the acquisition of The Coastal Companies, a leading fresh produce distributor and value-added processer. The acquisition will operate as part of FreshPoint, Sysco’s specialty produce business, and enables FreshPoint to enhance its service to the important Mid-Atlantic region, strategically diversify its portfolio by adding retail and ready-to-eat capabilities and adds state-of-the-art facilities with capacity for growth.
Quick answer
Sysco Corporation is acquiring Coastal, announced February 14, 2022. Sysco Corporation is based in Houston, Texas, United States.
- How much did Sysco Corporation pay for Coastal?
- The deal value was not disclosed.
- What does Sysco Corporation do?
- Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, and other customers who prepare meals away from home.
- Where are Sysco Corporation and Coastal based?
- Sysco Corporation is based in Houston, Texas, United States. Coastal is based in United States.
- Who are the decision-makers at Sysco Corporation?
- Fundz holds 2 contacts at Sysco Corporation. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Seacoast Announces The Acquisition Of Apollo Bancshares, Inc. (March 29, 2022)
Who to call at Sysco Corporation, and when
When Sysco Corporation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Sysco Corporation raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sysco Corporation, from your own LinkedIn network
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Fundz sees it the moment Sysco Corporation makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Coastal?
Coastal was acquired by Sysco Corporation, based in Houston. The deal was reported on February 14, 2022. Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, and other customers who prepare meals away from home. Sysco Corporation is publicly traded (SYY) and operates in Food and Beverage.
When did Sysco Corporation acquire Coastal?
Sysco Corporation's acquisition of Coastal was reported on February 14, 2022. Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today it has completed the acquisition of The Coastal Companies, a leading fresh produce distributor and value-added processer. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Coastal do?
Coastal Financial Corporation (Nasdaq: CCB), is an Everett, Washington-based bank holding company with Coastal Community Bank (the “Bank”) a full-service commercial bank, as its sole wholly owned banking subsidiary. It is publicly traded (CCB), operating in Financial Services, and is based in United States.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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