Sysco to acquire US-based Italian food co.

Houston-based Sysco Corp. (NYSE: SYY) will acquire Greco and Sons, an Illinois-based distributor of Italian foods, from private equity firm Arbor Investments and the Greco family.

The companies did not announce financial terms of the deal or a target closing timeline. The deal still needs to receive regulatory approval and meet other customary closing conditions.

Greco and Sons operates 10 distribution centers and serves 22 geographies across the country. It brings in $800 million annually. 

The…