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Sysco buys European distributor Brakes Group

The $3.1 billion deal expands company’s global reach

Sysco Corp., the Houston-based food distribution giant, announced plans Monday to buy European foodservice distributor Brakes Group from Bain Capital in a deal valued at $3.1 billion.

The deal includes the repayment of $2.3 billion of Brakes Group’s debt.

“We look forward to welcoming Brakes Group, its 15,000 employees, and Ken McMeikan and his highly respected leadership team to the Sysco family of companies,” Sysco CEO Bill DeLaney said in a statement. “This transact

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