Daily Newsletter

30 October 2024

Daily Newsletter

30 October 2024

Sysco snaps up Scottish meat supplier Campbell’s Prime Meat

Campbell’s Prime Meat offers products including beef, pork, lamb, chicken, fish, game and deli items.

Vishnu Priyan

Foodservice giant Sysco Corporation has acquired Campbell’s Prime Meat, a meat and fish supplier based in Scotland.

Campbell’s Prime Meat, a family-owned business established over 100 years ago, employs 325 people at its Linlithgow site.

The business offers products including beef, pork, lamb, chicken, fish, game and deli items.

Despite the acquisition, Campbell's Prime Meat will operate as a separate business, with “support” from Sysco, a statement read. Campbell's Prime Meat will also gain access to new customers after the deal, it added.

The financial details of the transaction, struck through Sysco GB, were not disclosed.

Campbell’s Prime Meat CEO Christopher Campbell said: “Sysco is the perfect partner for the next stage in Campbell’s Prime Meat development. Over the past century, we’ve worked tirelessly to build a reputation as the leading catering butcher in Scotland, and we’ve been impressed at how Sysco wants to support and encourage us to continue that journey.

 “With the additional route to market that Sysco offers, we can bring our quality meat, fish and deli products to an entirely new audience. We are very much looking forward to an exciting new phase in the company’s development.”

Meanwhile, this deal is expected to bring “opportunities for a broader range of products for the enlarged Sysco GB group.”

Sysco CEO Paul Nieduszynski said: “We are delighted that Campbell’s Prime Meat will be joining Sysco GB. It is a great business with a fantastic reputation for producing high-quality meat, fish and deli items, combined with exceptional levels of service and championing independent customers in Scotland.   

“We’re very keen to work with high quality and complementary businesses like Campbell’s Prime Meat, which can add value to Sysco and enhance our customer proposition.”

Sysco, which focuses on the sale, marketing and distribution of food products to various establishments, has a global presence with over 76,000 employees and 340 distribution facilities.

In the fiscal year 2024 that ended on 1 July 2024, Sysco generated sales of over $78bn.

In the first quarter of the fiscal year 2025 that ended on 28 September, Sysco's sales were $20.5bn, marking a 4.4% increase from the same period of the previous year.

The company's gross profit rose 2.9% to $3.8bn, driven by “positive volumes and effective management of product cost inflation”.

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