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HOUSTON, May 20, 2021 (GLOBE NEWSWIRE) Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, announced today it has entered into an agreement to acquire Greco and Sons, a leading independent Italian specialty distributor in the United States from Arbor Investments and the Greco family. Greco and Sons operates 10 distribution centers servicing 22 geographies nationwide, with approximately $800 million in annual revenue.
Founded in 1990, Greco and Sons imports and distributes a full line of premium quality food and non-food products as well as manufactures value-added specialty meat products. Upon completion of the transaction, Greco and Sons will operate as a standalone division within Sysco, similar to our existing specialty produce and protein businesses. Sysco expects to retain the executive leadership team of Greco and Sons, as well as all current associates.
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SHANGHAI, April 30, 2021 /PRNewswire/ Shanghai Electric (SEHK: 02727, SSE: 601727), the world s leading manufacturer and supplier of power generation and industrial equipment, has released its 2020 Corporate Social Responsibility Report ( the Report ). The Report, the 12th CSR report and the 5th ESG report of Shanghai Electric, details the data disclosed from Shanghai Electric s headquarters, internal institutions, branches, wholly-owned subsidiaries and holding companies.
The Report demonstrates the group s commitment to corporate governance and product performance, with a focus on the MSCI Environmental, Social, and Corporate Governance (ESG) rating and the Hang Seng Corporate Sustainability Index. It highlights Shanghai Electric s outstanding performance to date in smart energy, intelligent manufacturing and intelligent cities, as well as its journey to transform several major areas of its business using innovative intelligent technologies. The Repo