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...With an enterprise value of $26bn, Sysco is the leading US foodservice distributor, the business of delivering supplies to restaurants, hospitals and other institutions....
...Sysco is more than 50 per cent larger than its nearest competitor, US Foodservice, sold by Ahold to KKR and Clayton Dubilier & Rice in May for $7.1bn....
...Sysco is one of the world’s largest food distribution companies, with a market capitalisation of nearly $20bn at close yesterday....
...Ahold , the Dutch supermarket group, on Wednesday night announced the sale of its US Foodservice unit to Clayton Dubilier & Rice and KKR for $7.1bn....
...USF was the second-largest supplier to US restaurants and catering establishments after Sysco....
...Ahold also said it would increase the proportion of sales from private brands in US Foodservice from 26 per cent to 33 per cent by 2008, albeit well below market leader Sysco’s 50 per cent....
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