Sysco Acquires California Distributors J&M Wholesale Meats and Imperio Foods
HOUSTON, TX - Continuing to dominate the foodservice landscape, Sysco announced last week that it was acquiring two California distributors: J&M Wholesale Meats and Imperio Foods, Inc. In total, the two companies bring in a combination of $44 million in annual sales.
“We are excited to welcome J&M Wholesale Meats and Imperio Foods into the Sysco family of businesses,” stated Greg Bertrand, Executive Vice President, U.S. Foodservice Operations. “The acquisition of these businesses is a complementary adjacency to our existing California-area business and provides Sysco with the opportunity to further extend our reach into the Hispanic customer segment.”
According to a press release, J&M Wholesale Meats and Imperio Foods are sister companies based out of Modesto, California. The two operate throughout Northern California and Oregon. Founded in 2003, J&M Wholesale Meats is a foodservice distributor specializing in center-of-the-plate products, serving foodservice customers and small retail locations in the Hispanic segment. Imperio Foods, founded in 2014, carries dry Hispanic retail-pack canned good products. Both of the company’s executives will continue to manage the business after the acquisition.
Will we see more California distributors fall underneath the umbrella of Sysco? AndNowUKnow will continue to report the latest in acquisitions, sales, and more.