Sysco acquires remaining 50% of Mayca Distribuidores

Global foodservice distribution company Sysco has acquired the remaining 50% of food distributor Mayca Distribuidores for an undisclosed sum.

Sysco initially acquired 50% of the company as part of a partnership agreement signed in 2014.

Sysco International Foodservice Operations, Americas senior vice-president Scott Sonnemaker said: “Increasing our international presence has been a large part of our strategy in recent years, and the success and growth we have seen in Costa Rica are great examples of our strategy at work.”

Mayca, which has been in business since 1995, has a retail cash-and-carry affiliate with 12 locations and three additional locations that are currently under construction.

In April, the company moved into a 170,000ft² facility in Central America, which serves as a foodservice distribution centre.

The new facility is said to support growth through better operational efficiency and the commercialisation of new products.

Mayca Distribuidores CEO and president Jose Maroto said: “The closing of this acquisition is a huge benefit to our associates and customers.

“Our customers will continue to benefit from the wide variety of Sysco’s product assortment, eCommerce solutions, services and expertise.”

Following the announcement, Jose Maroto will continue in his role as CEO of Mayca and add new responsibilities as Sysco’s vice-president of business development in Central and South America.

Sysco operates about 300 distribution facilities worldwide and serves more than 500,000 customer locations.