Sysco has entered an agreement to acquire Medina Foodservice, a specialist regional wholesaler with locations on the Isle of Wight and in Southampton.
Medina Foodservice will join the Sysco Speciality Group, a consolidated delivery service that was formulated earlier this year. The group includes another regional wholesaler, kff, as well as the fresh businesses Fresh Direct, M&J Seafood, Fresh Fayre, and Wild Harvest.
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Medina will continue to be run and operated independently by its present leadership and colleagues, with Sysco’s investment, knowledge, and scale providing further support.
Chief executive at Sysco Specialty Group Europe, Raj Tugnait, said: “Medina Foodservice is a fantastic addition to the Sysco Speciality Group. Its reputation is second-to-none, which is why we’ll preserve its independence, as well as giving the business access to an award-winning portfolio of fresh products and industry-leading management support.
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“Together we will help Medina achieve even greater growth through a highly differentiated and tailored customer experience. Medina customers will continue to experience the same local service, product quality and local relationship they rely on. We are delighted to be welcoming such a well-established business with dedicated leadership and passionate colleagues to the Sysco family.”
Joint managing director at Medina Foodservice, Steve Ross, said: “We’re very proud of Medina Foodservice’s heritage and how we’ve grown the business over the years. Joining Sysco will provide the support that will help us in the next stage of our development.
“For our customers it will be business as usual, but with the added reassurance that we have the world’s largest foodservice wholesaler at our side. We are confident that this move is right for our loyal customers, our colleagues, and the family, and we’re delighted to be joining Sysco Speciality Group.”
