HOUSTON— SYSCO Corp.’s specialty hotel supplies subsidiary, Guest Supply, has completed the acquisition of Franklin Supply Company, a supplier of housekeeping and operating supplies to the lodging industry. Terms of the transaction were not disclosed. Located in Louisburg, NC, Franklin Supply was founded in 1982 by Ronnie Wrenn and Vann Jeffreys. Franklin Supply generated approximately $19 million in sales for its fiscal year ended February 28, 2001. Charles Cotros, SYSCOs chairman/CEO, said that the acquisition of Franklin Supply “solidifies Guest Supplys position as the market leader in the Southeastern United States and expands [its]reach into this market.” Franklin has a customer base of more than 2,000, which will now have access to Guest Supplys products, as well as the many SYSCO items and services.
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