HOUSTON, Nov. 12, 2019 (GLOBE NEWSWIRE) — Sysco Corporation BB #:105962 today announced it has acquired Armstrong Produce BB #:132232 and Kula Produce BB #:134813, Hawaii-based broadline fresh produce wholesalers and distributors with approximately $155 million in combined annual revenue.
The acquisitions will operate as part of FreshPoint BB #:156332, Sysco’s specialty produce company.
Armstrong Produce was founded in 1979 and has grown from a small family-run wholesale business into Hawaii’s leading produce wholesaler and distributor.
With operations in Honolulu, Kona and Kahului, the company supplies a wide range of customers, from local chefs to retailers, with fresh produce daily. Armstrong Produce and Kula Produce are sister companies.
“Armstrong Produce and Kula Produce have been providing quality service and produce to Hawaii and the Pacific Region since 1979, and we are excited to welcome them to the Sysco family of companies and to FreshPoint,” said Greg Bertrand, Sysco’s executive vice president, U.S. foodservice operations.
“A key pillar of FreshPoint’s strategy for continued growth and value creation is the continuous assessment of new market opportunities. Acquiring Armstrong Produce and Kula Produce provides Sysco and FreshPoint with additional direct access to the Hawaiian Islands and increased capacity to expand our produce assortment in the local market.”
FreshPoint expects to retain the executive leadership team of Armstrong Produce and Kula Produce, as well as all current associates.
“By leveraging the combined skills of FreshPoint, Armstrong Produce and Kula Produce, we are better positioned to serve our customers,” continued Bertrand. “This partnership provides an opportunity to broaden our vision to be our customers’ most valued and trusted business partner.”
About Sysco
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 69,000 associates, the company operates more than 320 distribution facilities worldwide and serves more than 650,000 customer locations. For fiscal 2019 that ended June 29, 2019, the company generated sales of more than $60 billion. Information about our CSR program, including Sysco’s 2019 Corporate Social Responsibility Report, can be found at www.sysco.com/csr2019report. For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoCorporation or Twitter at https://twitter.com/Sysco.
About FreshPoint, a Sysco Company
FreshPoint is North America’s largest exclusively owned produce distributor. We have the line authority to hold our companies accountable to a high level of customer service. With unmatched fresh produce, knowledge and experience, FreshPoint provides today’s chefs with the ingredients to create tomorrow’s culinary success.
About Armstrong Produce
Founded in 1979, Armstrong has grown from a small family-run wholesale business into Hawaii’s leading produce wholesaler and distributor. With locations in Honolulu, Kona & Kahului, Armstrong Produce supplies a wide range of customers, from local chefs to big box retailers, with fresh produce every day.
About Kula Produce
Founded in 1987 as a sister company to Armstrong Produce, Kula Produce has grown into the largest produce distributor on Maui with a focus on providing retailers, hotels and restaurants with the highest quality produce and best customer service.
