Sysco gains EU approval for $3.1 bln UK food distributor buy
BRUSSELS, June 9 (Reuters) - Sysco Corp, the largest U.S. food distributor, secured EU antitrust approval on Thursday for its $3.1 billion bid for UK peer Brakes Group which will expand its footprint in Europe.
The European Commission said the deal would not have a negative effect on consumers, hospitals, schools and other clients which purchase chilled, frozen and ambient food from the companies.
Brakes, which started as a poultry supplier in 1958, has businesses in the United Kingdom, Ireland, France, Sweden, Spain, Belgium and Luxembourg. Sysco unveiled the deal in February.
(Reporting by Foo Yun Chee)
