MEDINA FOODS TO RETAIN INDEPENDENCE AFTER BEING ACQUIRED BY SYSCO SPECIALITY GROUP

Sysco Corporation, the leading global foodservice distribution company, announced today it has entered into an agreement to acquire specialist regional wholesaler, Medina Foodservice.

Medina Foodservice has built an enviable reputation for product quality and service with its loyal customer base. From sites on the Isle of Wight and in Southampton, Medina serves Southern England with a wide range of products and has a particularly long heritage of providing high quality meat and local produce.

Medina Foodservice will join another regional wholesaler, kff and the fresh businesses Fresh Direct, M&J Seafood, Fresh Fayre and Wild Harvest, within the Sysco Speciality Group portfolio. Medina will continue to be run and operated independently by the current leadership and colleagues, but with the additional support including investment, expertise and scale of Sysco.

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Raj Tugnait, CEO, Sysco Speciality Group – Europe, 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.

“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.”

Steve Ross – Managing Director of Medina Foodservice and Raj Tugnait – CEO of Sysco Speciality Europe

Steve Ross, Medina Foodservice, 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.

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“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.”

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