Sysco Corp. is in the closing stages of a deal to buy 50% of Pacific Star Foodservice, a foodservice distributor that serves Mexico’s major metropolitan areas.
Houston-based Sysco already has broadline foodservice operations in five other foreign countries, according to a news release, which did not include financial terms of the deal for Pacific Star.
Pacific Star is based in Mexico City and was founded in 1989. It has distribution centers in Mexico City, Guadalajara, Monterrey and Tijuana. The company primarily services chain accounts, including fast-food and casual dining restaurants, casinos, theme parks, movie theaters and hotels throughout Mexico, according to the news release.
“This partnership fits our international expansion strategy and reinforces our leadership position in North America with our operations in the U.S. and Canada,” Sysco’s senior vice president for international foodservice operations Kent Humphries said in the release.
Earlier this year, as part of that expansion plan, Sysco bought a 50% ownership in Mayca Distribuidores S.A., a leading foodservice distributor in Costa Rica.