In 2002, Sysco purchased SERCA Foodservices and renamed it Sysco Canada. SERCA was owned by supermarket giant Oshawa Group, which was acquired by Sobeys in 1998. [10] For more information, including additional country-specific toll-free numbers, see ethicsline.sysco.com. 1390 Enclave ParkwayHouston, TX 77077-2099USA281 584 1390www.sysco.com In 1981, SYSCO Food Services purchased the assets of West Pocomoke, Maryland-based Lankford Produce, which was founded in 1964 by Stanley E. Lankford Jr. and formed the Lankford SYSCO division on the Delmarva Peninsula, which was renamed Sysco Eastern Maryland in 2008. Sysco`s reputation is based on the highest ethical standards of business conduct and fair dealing. Every day, we are called to put Sysco`s vision and values into practice in our work. If you see or suspect illegal and/or unethical behavior, there are many resources available to you to advance that issue/concern, and the ethics line is one of them.
For more information, see the SEC`s website privacy and security policy. Thank you for your interest in the U.S. Securities and Exchange Commission. In 1996, Sysco was the third largest company in Houston. It had more than 30,000 employees. [8] Please report your traffic by updating your user agent to include company-specific information. In December 2013, Sysco announced a proposed $8.2 billion acquisition of its next major food distribution competitor, US Foods. [6] The Federal Trade Commission challenged the acquisition as a violation of Clayton antitrust law, which would significantly reduce competition. After the court ruled that the combined company would likely restrict competition because it would control 75% of the United States. In the hospitality sector, Sysco ended its merger with US Foods. [7] Sysco Corporation, through its subsidiaries, is engaged in the marketing and distribution of various foods and related products primarily for the foodservice or out-of-home food industry in the United States, Canada, the United Kingdom, France and abroad.
It operates through U.S. foodservice operations, international restaurant operations, SYGMA and other segments. The company distributes frozen foods such as meat, seafood, ready-to-use appetizers, fruits, vegetables and desserts; canned foods and dried fodder; fresh meat and seafood; Dairy products; Drinks; imported specialties; and fresh produce. It also provides a variety of non-food items, including paper products, including disposable napkins, plates and cups; tableware consisting of porcelain and cutlery; kitchen utensils, which include pots, pans and utensils; restaurant and kitchen equipment and accessories; and detergents. The company serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers and other catering establishments. As of July 2, 2022, it operated 333 distribution systems. Sysco Corporation was founded in 1969 and is headquartered in Houston, Texas. Sysco Corporation`s ISS Governance Quality score as of November 28, 2022 is 9. The values of the columns are audit: 4; Board of Directors: 5; Shareholders` rights: 6; Remuneration: 10. As One Sysco, we ensure that every customer, wherever they are, has constant access to our wide range of specialty foods and accessories. We meet the needs of customers looking for specialized and differentiated products through five specialized business groups: SYGMA is our distribution operation in the United States serving fast food restaurants. Unauthorized attempts to upload information and/or alter information to any portion of this website are strictly prohibited and liable to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see 18 U.S.C.
§§ 1001 and 1030). The largest segment of our business, our generalist OpCos, distributes a full range of food products and a variety of non-food products to independent customers and restaurant chains and other “out-of-home” locations such as healthcare and educational facilities. Our expanded OpCos are regionally focused and able to provide the convenient customer service that sets us apart. In 1999, Sysco acquired Newport Meat Company, which generated $100 million in annual sales and supplied meat to more than 1,000 restaurants. [9] Promote Sysco`s products and services to build relationships with new and existing customers. In 1988, Sysco CFS acquired Continental, which had recently been acquired by Tate & Lyle through the purchase of A. E. Staley in Illinois. Note that this policy may change as the SEC maintains SEC.gov to ensure that the site works efficiently and remains available to all users. We could never have imagined that a company as big as Sysco would treat us like the family we have become.
16. In July 2014, Sysco agreed to pay fines totalling $19.4 million in California and admitted the allegations made by the KNTV news team and investigated by the California Department of Health. [20] By using this website, you consent to security monitoring and auditing. For security reasons and to ensure that the public service remains accessible to users, this government computer system uses network traffic monitoring programs to identify unauthorized attempts, upload or modify information, or otherwise cause damage, including attempts to deny service to users. Beginning in the summer of 2013, the California Department of Health investigated food storage in a total of 21 sheds that were never regulated and never inspected. Food included overnight chicken, pork, beef, bacon and milk deposits. [18] A KNTV investigation report recorded that food remained in these sheds for up to five hours at temperatures as high as 81°F (27°C) before the food was delivered to hotels and restaurants. An anonymous employee said the sheds in Spokane, Washington, had refrigerators that weren`t big enough and that most of the time there were crates of frozen food on the floor in front of the refrigerators. [18] [19] Responsible for the use of an electric pallet truck or forklift and the selection of the right products in stock. The company was founded in 1969 by Herbert Irving, John F. Baugh and Harry Rosenthal.
[3] The company went public on March 3, 1970. On July 20, 2009, Fortune magazine ranked Sysco No. 204 in the annual ranking of Fortune 500 companies worldwide based on sales volume. On May 3, 2010, Fortune ranked Sysco 7th among Fortune 500 companies in Texas and 55th in the U.S. in total revenue. [4] Sysco is also Houston`s largest non-oil company and Texas` third largest non-oil company (behind AT&T and Dell). [4] The company ranked 54th on the 2018 Fortune 500 list of the largest U.S. companies by total revenue. [5] Sysco Corporation (short for Systems and Services Company) is an American multinational that markets and distributes food products, small products, kitchen appliances and tableware to restaurants, healthcare and educational facilities, hotel companies such as hotels and inns, and wholesalers to other companies that provide food services (such as Aramark and Sodexo). The company is headquartered in the Energy Corridor district of Houston, Texas. [2] Sysco is the world`s largest generalist grocer; It has more than 600,000 customers in various fields. Management consulting is also an integral part of their services.
The company operates approximately 330 outlets worldwide; Provide services in more than 90 countries. SYGMA`s customers include around 14,000 restaurants from 26 concepts. With 14 distribution centers, SYGMA is one of the largest retail chains in the United States with revenues of more than $6.7 billion. Every year, 186 million cartons are delivered. SYGMA currently employs more than 4,000 people. The Ethics Line is a toll-free number operated by an independent third party and can be reached 24 hours a day, seven days a week, 365 days a year, and with interpreters as needed.
