Supply Chain Council of European Union | Scceu.org
Distribution

Biggest food wholesaler in country racks up €3m loss

The country’s largest food service wholesaler booked a €3 million loss last year following a hike in distribution costs and significant severance payments.

Limerick-based Pallas Foods distributes products to restaurants, healthcare facilities, hospitality and educational facilities. It is owned by Texas-based Sysco Corporation, which acquired the firm for €200 million in 2009.

New accounts published for Pallas Foods Unlimited Company have given a rare insight into the company‘s finances. Due to its unlimited status,…

Related posts

Iowa illegally marked up liquor prices for years

scceu

Clock Distribution ICs market to gain substantial traction through 2028

scceu

Weaving baskets to stay afloat

scceu