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Sysco Corporation 2012 Annual Report 11
To broaden our foundation for growth,
Sysco is expanding through acquisitions
on several fronts – including Broadline
fold-ins as well as specialty and interna-
tional companies – and also pursuing
adjacencies that help customers improve
their businesses.
During scal 2012, we enhanced our
Broadline operations through the com-
pletion of nine acquisitions representing
nearly $270 million in annualized sales.
Indoing so, we also met our goal of
increasing sales by a half to one percent
through acquisitions.
Sysco’s International Food Group exports
product to our customers in nearly 80
countries, helping restaurants such as
Cheesecake Factory, Pinkberry and Texas
Roadhouse ensure a consistent product
for their customers across the globe.
Sysco recently acquired Crossgar
Foodservice, a leading privately-owned
foodservice supplier in Northern Ireland,
expanding upon our 2009 entrance into
the Irish foodservice market. Cross gar’s
four distribution facilities supply poultry,
meat, refrigerated, frozen, grocery and
non-food items to many of the nest
restaurants in Ireland.
Sysco also grew strategically in the
high-end specialty import market with
theacquisition of European Imports, Ltd.,
afull-line specialty food distributor.
And because discerning chefs demand
fresh seafood, we’ve sig nicantly
expanded our fresh sh offering by adding
“cut rooms” at several existing meat pro-
cessing companies. We further enhanced
our fresh seafood capabilities by recently
welcoming Louisiana Foods to the Sysco
family. Their expertise coupled with that
ofour meat companies will greatly expand
our capabilities in this growing category.
Explore, assess and pursue new businesses and markets