ADVFN - Advanced Financial Network.
HOME» NYSE » S » SYY Stock Price » SYY Stock News

Sysco Share News

 Sysco Corp. Stock Price
SYY Stock Price
 Sysco Corp. Stock Chart
SYY Stock Chart
 Sysco Corp. Stock News
SYY Stock News
 Sysco Corp. Company Information
SYY Company Information
 Sysco Corp. Stock Trades
SYY Stock Trades

Sysco Buys Crossgar Foodservice, Pushing Irish Expansion

By Kristin Jones Sysco Corp. (SYY) has agreed to acquire Crossgar Foodservice as the food supplier seeks to expand its footprint on the Emerald Isle. The terms of the deal, which is subject to Irish regulatory approval, weren't disclosed. Privately-held Crossgar Foodservice supplies poultry, meat and other products throughout Ireland and the U.K. It operates four facilities in Northern Ireland, where it is based, and employs around 238 people. Sysco supplies food to restaurants and other institutions. The acquisition marks the company's second foray onto the island. Sysco acquired Irish company Pallas Foods, based in County Limerick, in 2009. Crossgar, like Pallas, will continue to retain its existing brand identity and management team. "Crossgar Foodservice is a strong company with excellent customer relationships," said Sysco's group president Mike Green. "This investment, along with the acquisition of Pallas Foods in 2009, represents our commitment to the Ireland market and provides us additional strategic opportunities." Sysco reported last month that its first-quarter earnings were roughly flat, as higher food costs ate up profits even as sales grew. Shares were up 5 cents to $28.69 in recent trading. The stock is down 2.2% so far this year. Write to Kristin Jones at

Stock News for Sysco (SYY)
11/24/201517:22:58Statement of Changes in Beneficial Ownership (4)
11/23/201515:31:22Confidential Treatment Order (ct Order)
11/19/201518:56:25Statement of Changes in Beneficial Ownership (4)
11/19/201518:54:34Statement of Changes in Beneficial Ownership (4)
11/19/201518:54:04Statement of Changes in Beneficial Ownership (4)
11/19/201518:53:38Statement of Changes in Beneficial Ownership (4)
11/19/201518:52:01Statement of Changes in Beneficial Ownership (4)
11/19/201518:49:58Statement of Changes in Beneficial Ownership (4)
11/19/201518:47:59Statement of Changes in Beneficial Ownership (4)
11/19/201517:04:05Current Report Filing (8-k)
11/19/201503:02:00Shares Of Deal Targets Reflect Regulatory Fear
11/18/201509:03:00Sysco Corp. Raises Quarterly Dividend by 3.3%
11/18/201508:00:00Sysco Increases Quarterly Dividend Payment
11/18/201506:05:02Current Report Filing (8-k)
11/06/201516:54:44Statement of Changes in Beneficial Ownership (4)
11/06/201516:52:51Statement of Changes in Beneficial Ownership (4)
11/04/201519:08:00XPO Courts Big Shippers With Trucking Appointment
11/03/201506:07:39Quarterly Report (10-q)
11/02/201513:18:00Sysco Earnings Struggle After Failed US Foods Merger--Update
11/02/201510:00:00Sysco Earnings Struggle After Failed US Foods Merger

Sysco and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations