(Alifweb) – Sysco Corporation (NYSE: SYY) said today that it has agreed to buy Edward Don & Company (DON), a Chicago-based distributor of food service equipment, consumables, and disposables.

DON, which was founded in 1921, earns over $1.3 billion in annual revenue by serving a diverse spectrum of restaurants, food service, and other customers throughout the United States.

This acquisition will enable Sysco to bring strategic new capabilities and diverse offers to its existing business, as well as build a speciality Equipment and Supplies platform that will give clients superior selection and service. DON will specifically bring:

• With over 1.4 million square feet of distribution centres and office space in important U.S. areas, the company has a broad distribution network.
• A committed and experienced field sales team focusing on equipment and supplies, as well as design and build capabilities that supplement our current business.
• DON will function as a separate speciality division within Sysco following the completion of the transaction.
• Furthermore, Sysco aims to retain DON’s leadership team as well as all current workers.

“We’re thrilled to announce our plans to acquire Edward Don & Company, a leader in the equipment and supplies industry for over 100 years,” said Kevin Hourican, President and CEO of Sysco. ”

Led by Steve Don and a strong leadership team, this exemplary business will drive accretive value to Sysco’s business and enable Sysco to better serve our customers with a more complete product assortment.”

Furthermore, this acquisition will demonstrate our Recipe for Growth strategy. We are thrilled to introduce Edward Don’s attractive assortment and solid supply chain capabilities to our hundreds of thousands of clients.”

The deal is subject to regulatory approval as well as other usual closing conditions.

Concerning Sysco

Sysco is the global leader in food product sales, marketing, and distribution to restaurants, healthcare and educational facilities, lodging accommodations, and other clients who cook meals away from home.

Its product portfolio also includes culinary and hospitality equipment and supplies. The corporation employs over 72,000 people and maintains 334 distribution facilities worldwide, serving roughly 725,000 consumer locations.

The corporation earned sales of more than $76 billion in fiscal year 2023, which concluded on July 1, 2023. www.sysco.com contains information on our Sustainability programme, including Sysco’s 2022 Sustainability Report and 2022 Diversity, Equity, and Inclusion Report.

Visit www.sysco.com for additional information, or find Sysco on Facebook at www.facebook.com/SyscoFoods. Visit the Investor Relations section of the company’s Internet home page at investors.sysco.com for important news and information about Sysco, which Sysco intends to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.

Furthermore, investors should continue to study our press releases and SEC filings. It is possible that the information we release via any of these routes of dissemination will be considered material information.

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(Alifweb) –  Tuesday, 3M, a Minnesota-based company, announced the appointment of a new chief executive officer for its independent healthcare subsidiary.

According to a press release from 3M, Bryan Hanson will assume the role of chief executive officer of the Health Care Business Group on September 1.

Hanson previously served as president and CEO of Zimmer Biomet, a “global MedTech innovator” with an annual revenue of over $7 billion since 2017.

“We are pleased to have Bryan join us to successfully complete the spin-off of our Health Care business and build a leading independent medical technology innovation company,” stated Mike Roman, chairman and CEO of 3M.

His industry knowledge, ability to generate growth, and track record of building strong cultures and teams will have an immediate effect.

Carrie Cox will also serve as the independent chairman of 3M’s Board of Directors for the new healthcare company, while Monish Patolawala will serve as the company’s president and chief financial officer.

Since 2022, the Health Care Business Group of 3M has generated $8.4 billion in revenue as a result of its “deep and diverse portfolio of trusted brands, global capabilities, and leadership in attractive end market segments such as wound care, oral care, health care IT, and biopharma filtration.”

According to the news release, the Health Care Business Group is a separate company that aims to provide industry-leading innovation.

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What is Affiliate Marketing?

Hello, guys and girls. I recognized you from the title. Yes, I earn around $4000 each month but nowhere near $10,000 ha ha ha. I want to achieve that target one day by working hard. Remember that affiliate marketing, like any other job, requires time and attention. You are in the proper location here if you genuinely want to make money from an affiliate as a side hustle. You can read it and I hope it will help, will you?

Introduction

Have you ever read a blog article or a social media post in which someone posts a link to a product or service and specifies that they will receive a commission if you buy via that link? That is affiliate marketing, my friend. Affiliate marketing is a popular technique to make money online. This blog post will cover affiliate marketing, how it works, and how you can get started as an affiliate marketer.

What Is the Process of Affiliate Marketing?

Affiliate marketing is a performance-based marketing model in which an affiliate promotes a company’s product or service and earns a commission for each sale completed through their unique affiliate link. The affiliate link carries a unique code that tracks the affiliate’s visits and sales. The commission rate varies by company and might be either a fixed amount or a percentage of the sale.

Affiliate Marketing Advantages

Affiliate marketing provides numerous advantages to both the organization and the affiliate. It is a low-cost method of marketing the company’s products or services. Instead of investing a lot of money in advertising, the company can collaborate with the content producer and pay them for the sales generated by their promotion.

It is an opportunity for the affiliate to make passive revenue by advertising products or services in which they believe. Affiliate marketing also provides flexibility regarding working hours and location, making it an excellent choice for people who prefer to work from home.

How Do You Get Started as an Affiliate Marketer?

If you want to become an affiliate marketer, the first step is to find a topic you are interested in. Fashion, health and fitness, and technology are all possibilities. Once you’ve determined your specialization, hunt for companies that provide affiliate programs in that industry.

Affiliate programs can be found on affiliate networks such as ShareASale, Clickbank, and Cj affiliate, as well as Amazon Associate. You will be assigned a unique affiliate link to advertise the product or service when you join an affiliate program.

You can use your blog, social media, email marketing, or any other internet platform to promote the product.

How to Promote Affiliate Products

1. Creating Content

Creating content around affiliate products is one of the most effective advertising methods. This content could be blog entries, videos, social media posts, or email marketing. The idea is to provide high-quality content that is both useful and entertaining for your target audience.

This text should emphasize the product’s benefits and how it can help your audience solve an issue. By producing good material, you gain the trust of your audience and enhance the possibility that they will buy the product through your affiliate link.

2. Making Use of Social Media

Social media is an extremely effective strategy for promoting affiliate items. You can use sites such as Facebook, Instagram, Twitter, YouTube channel, and LinkedIn to reach a wide audience. Being real and transparent while marketing affiliate items on social media is critical.

You must disclose that you are offering an affiliate product and should only recommend products you believe in. Paid advertising alternatives on social networking networks are also available, which can be useful for pushing affiliate products to a specific audience.

3. Provide Incentives

Another successful strategy to promote affiliate items is to offer incentives. Customers that buy a product through your affiliate link can receive a bonus or a discount. This reward may be a free eBook, membership in a private Facebook group, or a personalized consultation. Offering incentives motivates your target audience to buy your goods and generates a sense of exclusivity and value.

Conclusion

Affiliate marketing is a legal way to make money online. It is advantageous to both the corporation and the affiliate. You can earn substantial money as an affiliate marketer by marketing items or services you believe in.

However, affiliate marketing, like any other business, takes hard work, attention, and patience. Affiliate marketing can be a successful career option if you are ready to put in the effort.

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