Sysco Canada to acquire Ottawa-based firm
April 28, 2015
by MEAT+POULTRY Staff
TORONTO – Sysco Canada, a unit of Sysco Corp., has agreed to acquire Tannis Trading, Inc., an Ottawa, Ontario-based broadline foodservice distributor. Financial terms of the deal were not disclosed.
Sysco Canada said the Tannis's distribution facility will remain in place along with existing employees and management team. The company reported C$118 million ($98.1 million) in revenues in 2014.
“Tannis has a 75-year history of providing quality service to customers in Ottawa, Canada's fourth-largest metropolitan market, and the surrounding areas,” said Randy White, president of Sysco Canada. “This acquisition demonstrates Sysco's commitment to better serve our customers, improve our service footprint, grow our business and achieve our goal of increasing sales in Canada.”