US foodservice distributor Sysco Corp has said it is to buy certain California assets from warehouse store operator Smart & Final.
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Houston-based Sysco will buy assets from Smart & Final’s Stockton, California foodservice operations, reported Reuters. No financial details were given.
Chief executive Richard Schieders said the acquisition would give Sysco better access to the fast-growing California restaurant market.
French retailer Casino owns a 60% stake in Smart & Final.
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