All Sysco articles – Page 9
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News
Walker rebuffs Brakes’ bid for DBC Foodservice
Brakes has attempted to buy its rival DBC Foodservice but been told the company is not for sale, The Grocer can reveal.Iceland boss Malcolm Walker, one of the main shareholders of DBC, confirmed Brakes had made an approach in the past...
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Debt-ridden Brakes: a tough job for the turnaround king
Sodexo Europe CEO Philip Jansen takes over at Brakes in February. Peter Cripps asks what the change at the top means for the foodservice giant
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NewsSodexo boss lined up for Brakes
Frank McKay is to be replaced as chief executive of Brakes by Sodexo Europe CEO Philip Jansen, The Grocer has learned.
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DBC headhunts four new directors in top team restructuring
DBC Foodservice has restructured its senior management team to help it take on market leaders Brakes and 3663.The wholesaler, which was bought by Iceland boss Malcolm Walker and two members of his board in May, has headhunted four new...
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Bain Capital starts hunt for McKay’s successor
Frank McKay, CEO of foodservice giant Brakes, is to retire in just over a year, parent company Bain Capital revealed this week as it launched a search for his successor.The American private equity owner confirmed it had started a...
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Brakes ramps up efforts to turn operation green
Brakes has vowed to step up efforts to cut the thickness of packaging on own-label products, replace older refrigeration with eco-friendly systems and switch to greener transport. In 2008, it reduced the thickness of packaging on 160...
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Brakes bags £45m Scots frozen contract
Brakes has won a contract worth £45m over the next three years to deliver frozen food to local authorities throughout Scotland.The win means the foodservice giant will be supplying education, social work and civic catering in 28 of...
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DBC aims to compete aggressively to win high-street contracts
DBC Foodservice's new owners at Iceland Foods want to add at least £30m to its annual turnover by taking on giants Brakes and 3663 First for Foodservice.The wholesaler plans to "annoy the market" by aggressively competing for high street...
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Brakes targets food-to-go demand with Bake & Bite concept
Brakes has unveiled a new Subway-style in-store café concept to tap into growing demand for food-to-go in convenience stores.The Bake & Bite Café features a glass-fronted sandwich counter to enable consumers to design their own sandwiches...
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Brakes closes down a fourth Woodward site
Brakes is to shut a fourth Woodward Foodservice depot and may close two more.The Inverness depot will close within weeks and the company is consulting on the future of its two Birmingham depots –Darlaston, which employs 80 staff, and Zenith,...
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Job losses to hit 200 in Brakes efficiency drive
Brakes is to make a fresh round of redundancies as part of an ongoing cost-saving drive. By the end of January, 200 staff would have been laid off since October, confirmed CEO, Frank McKay.
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Brakes closes two Woodward depots
Two of Woodward Foodservice's eight depots have been closed and a third is under threat following its acquisition by Brakes in August for £20m.Woodward Foodservice depots in Barnsley and Durham have shut and Brakes is consulting over the...
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Brakes set for Irish expansion after buying stake in O'Kane
Brakes has strengthened its position in the Irish market by buying a majority stake in distributor O'Kane Food Service.The companies have worked together for more than 10 years, with O'Kane selling and delivering Brakes' goods as well as its...
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Make or Brakes with Woodward purchase
With its own debt mountain, why is Brakes buying loss-making Woodward Foodservice? Peter Cripps reports
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Brakes plays it cool over its debt levels
Brakes boss Frank McKay has shrugged off rumours the company is struggling, pointing to double-digit sales growth and insisting the new 98p fuel surcharge is more fair and transparent than putting up food prices. “No-one has been immune to the...
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Brakes plays it cool over its debt levels
Brakes plays it cool over its debt levels: Convenience stores in deprived areas of England and Wales will be given help to sell more fruit and vegetables in a bid to stem the rising tide of obesity. In a joint initiative between the Department of Health and the Association of ...
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Wholesaler prices rise along with cost of fuel
The rising cost of fuel has forced some delivered wholesalers to raise their prices – although others claim to have found different ways to cope. Foodservice giant Brakes introduced a 98p fuel charge on all deliveries at the start of the month. ...
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Brakes to buy Woodward Foodservice
Catering giant Brakes has bought wholesaler Woodward Foodservice from Baugur for an undisclosed sum. Woodward Foodservice has eight distribution centres in the Midlands, Northern England, Wales and Scotland and as part of the deal Woodward’s...
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Woodward sale speculation rife
Baugur's sale of its 31.4% stake in C&C giant Booker this week, to focus on retail, has fuelled speculation it is also about to sell wholesaler Woodward Foodservice, with Brakes Group emerging as the likely buyer.One leading wholesale...
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Brakes strikes a deal to purchase Woodward
Catering giant Brakes has confirmed it will buy wholesaler Woodward Foodservice, as predicted by The Grocer last week.The offer, believed to be £20m, has been accepted by Woodward Foodservice's current majority owners, Icelandic group...