US foodservice distributor Sysco has announced that its FreshPoint produce subsidiary has agreed to acquire Piranha Produce and has also completed the acquisition of Nashville Tomato.
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Headquartered in Modesto, California, Piranha Produce is a full-line fresh fruit and vegetable foodservice distributor and supplies foodservice customers throughout northern and central California.
Nashville Tomato, headquartered in Nashville, Tennessee, is a regional tomato packager and distributor to foodservice operations throughout Tennessee, Alabama, Georgia, Kentucky, Mississippi, Missouri, North Carolina and South Carolina.
Terms of the transactions were not disclosed.
“This announcement further solidifies the commitment Sysco has made to extend our specialty produce offerings and distribution reach since the acquisition of FreshPoint in 2000. The growth opportunities for the specialty produce market, as well as the synergies that our produce operations provide to Sysco’s traditional broadline operations, make this strategic expansion beneficial and value-adding to both Sysco and our customers,” said Richard J. Schnieders, chairman and chief executive officer of Sysco.
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