SMART & FINAL SELLS NORTHERN CALIFORNIA FOOD SERVICE
Aug 25, 2003 12:00 PM, Elliot Zwiebach
By: Elliot ZwiebachLOS ANGELES -- Smart & Final here said last week it plans to focus solely on operating its 228 non-membership warehouse stores after signing a definitive agreement to sell its Northern California food-service operations to Sysco Corp., Houston, for an undisclosed amount.
In June, the company agreed to sell Henry Lee Co., its Miami-based food-service business, along with 14 stores in Florida to Gordon Food Service, Grand Rapids, Mich. Both transactions are expected to close next month.
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