Technology

Sysco is buying equipment supplier Edward Don

The acquired company will serve as the foundation for a new specialty equipment and supplies operation, Sysco said.
The deal will give Sysco a strong presence in the equipment market. | Photo: Shutterstock

Sysco Corp. said it has agreed to buy restaurant supplier Edward Don & Co. with the intent of establishing a new operation focused on specialty equipment and supplies.

The price and other transaction details were not disclosed.

Edward Don sells and distributes a broad range of equipment, from ranges to rotisseries. It is also a major supplier of disposable to-go packaging.

The company generates about $1.3 billion in annual revenues from restaurants and other foodservice facilities, according to Sysco.

The buyer said Wednesday in announcing the deal that Edward Don will function as a standalone operation run by the acquired company’s existing personnel and management. Sysco indicated that no Edward Don employees would lose their jobs as the result of the merger.

In addition to adding Edward Don’s product lines to Sysco’s extensive catalog, the deal will add another 1.4 million square feet of distribution space to the buyer’s holdings.

Sysco is the nation’s largest foodservice distributor, with annual sales of about $76 billion.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

Crumbl may be the next frozen yogurt, or the next Krispy Kreme

The Bottom Line: With word that the chain’s unit volumes took a nosedive last year, its future, and that of its operators, depends on what the brand does next.

Technology

4 things we learned in a wild week for restaurant tech

Tech Check: If you blinked, you may have missed three funding rounds, two acquisitions, a “never-before-seen” new product and a bold executive poaching. Let’s get caught up.

Financing

High restaurant menu prices mean high customer expectations

The Bottom Line: Diners are paying high prices to eat out at all kinds of restaurants these days. And they’re picking winners and losers.

Trending

More from our partners