<p><strong>Houston, TX</strong> - Sysco Corporation is taking a new acquisition under its wing. The corporation has reached an agreement to purchase European Imports, Ltd, a Chicago-based company, with prospective completion of the deal to take place in the next coming weeks, according to a press release. The venture appears promising for both sides of the acquisition where European Imports had annualized sales of $124 million in its most recent fiscal year and has emerged since its inception as a full-line specialty food distributor to the central U.S. with concentration in the Midwest, Texas, Arizona, Colorado and Atlanta.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> Chuck Staes, Sysco's Senior Vice President-Northern Region, states, "European Imports has a well-earned reputation and impressive track record in the high-end, specialty import products segment, and we are thrilled that they will be joining Sysco." He continues, "This is an excellent strategic fit, which will help Sysco be a better competitor in this segment. European Imports will be a stand-alone business that will complement our Sysco broadline and specialty operations."<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"> During the transition, management and employees of European Imports will maintain their roles within the company. Jeff Binstein, Vice President-European Imports, states, "We are excited to be joining the Sysco family of companies." Mr. Binstein, continues, "Our customers and partners can expect to receive the same great service that we have always offered."</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p>www.sysco.com</p><hr class="legacyRuler"><hr class="invisible minimal-padding">
