Retailing, Franchising, and Consumerism Business Intelligence in China

SYSCO Acquires Austin Tatum For Asian Market Expansion

SYSCO Corporation, North America's largest foodservice marketer and distributor, announced that its subsidiary for personal care amenities and other hotel operating supplies, Guest Supply, LLC, has acquired Austin Tatum, a personal care amenity company headquartered in Hong Kong.

"The acquisition of Austin Tatum represents an important step for Guest Supply's and SYSCO's expansion into the international market," said Richard J. Schnieders, SYSCO's chairman and chief executive officer. "With a local presence and infrastructure in place, Guest Supply will now be in a position to better service the Asian properties of its U.S.-based clients as well as increase its Asian client base and the number of product categories it sells in Asia."

Terms of the transaction were not disclosed.

Austin Tatum was founded in 1996. The company creates its own amenity designs and under license also distributes a variety of name brand personal care products. Austin Tatum currently sells to hotels located in Australia, China, Dubai, Hong Kong, Korea, Japan, Malaysia, and Singapore.

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