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Sysco to acquire Jetro Restaurant Depot for C$1.5B

PUBLIC · SYYSep 25, 2026

Acquiring Company

Sysco Corporation

Acquired Company

Jetro Restaurant Depot

HoustonNew YorkFood and BeverageHospitalityFood and BeverageHospitalityRetail

Description

Sysco Corporation has announced the pending acquisition of Jetro Restaurant Depot. The acquisition will be partially funded through a public offering of C$1.5 billion in senior notes. The estimated proceeds will also cover costs related to the acquisition. If the acquisition does not close, the funds will be used for the redemption of the notes.

Company Information

Company

Sysco Corporation

Location

Houston, Texas, United States

About

Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, and other customers who prepare meals away from home. The company operates more than 340 distribution facilities worldwide and serves approximately 730,000 customer locations. In fiscal year 2024, Sysco generated sales exceeding $78 billion. Sysco's product offerings also include equipment and supplies for the foodservice and hospitality industries.

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Frequently asked

Who acquired Jetro Restaurant Depot?

Jetro Restaurant Depot was acquired by Sysco Corporation, based in Houston. The deal was reported on September 25, 2026. Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, and other customers who prepare meals away from home. Sysco Corporation is publicly traded (SYY) and operates in Food and Beverage.

When did Sysco Corporation acquire Jetro Restaurant Depot?

Sysco Corporation's acquisition of Jetro Restaurant Depot was reported on September 25, 2026. Sysco Corporation has announced the pending acquisition of Jetro Restaurant Depot. The acquisition will be partially funded through a public offering of C$1.5 billion in senior notes. The estimated proceeds will also cover costs related to the acquisition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Jetro Restaurant Depot do?

Jetro Restaurant Depot is a prominent wholesale Cash & Carry foodservice provider in the U.S. It offers high-quality food at low prices to smaller, independent restaurants and businesses. It is privately held, operating in Food and Beverage, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.