Canadian Pizza Magazine

Sysco Canada to purchase Ottawa-based distributor Tannis Trading

April 28, 2015, Toronto – Sysco Canada will acquire Tannis Trading, a foodservice distributor in Ottawa. The distribution facility will remain in Ottawa, Sysco said in a news release.

While financial terms of the proposed transaction were not disclosed, Tannis Trading had revenues of approximately $118 million Cdn in its most recent fiscal year. The transaction’s completion is subject to review by Canadian regulatory agencies.

“Tannis has a 75-year history of providing quality service to customers in Ottawa, Canada’s fourth-largest metropolitan market, and the surrounding areas,” said Randy White, president of Sysco Canada, in the release. “This acquisition demonstrates Sysco’s commitment to better serve our customers, improve our service footprint, grow our business and achieve our goal of increasing sales in Canada.”

Upon completion of the transaction, the Tannis distribution facility in Ottawa will remain in place along with the existing employees and management team.