New broadliner holding company closes on Indiana acquisition

Syndicated Food Service International, Inc. (OTC Bulletin Board: SYFS), Daytona Beach, FL, has closed on its acquisition of Beasley Food Service Inc., Bloomington, IN, a $19-million broadliner, and its transportation affiliate, Beasley Transportation, Inc. (ID January). On Dec. 31, 2001 the Beasley companies were merged into two Syndicated Food Service wholly owned subsidiaries.

"The closing of this acquisition shores up our business plan for 2002 and keeps us on track with our acquisition plan," comments William Keeler, Syndicated's ceo.

Syndicated Food Service is a public broadliner holding company with plans to grow regionally through acquisitions.


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