The list of cross-border deals continues to stack up, with one of the largest in recent memory breaking just yesterday: US foodservice giant Sysco agreeing to acquire UK group Brakes, a deal that puts a massive volume of seafood sales under the ultimate banner of the Texan giant, and lays the groundwork for other companies to follow suit.
But while the international deals make headlines and promise huge synergies, making them truly successful can be difficult, particularly without local knowledge, according to Michael Richard, senior vice president and head of seafood industry banking at Santander.
“There
