Acquiring Company
Sysco Corporation
Acquired Company
Jetro Restaurant Depot
HoustonNew YorkFood and BeverageHospitalityFood and BeverageHospitalityRetailDescription
Sysco has announced its plans to acquire Jetro Restaurant Depot for approximately $29 billion, combining cash and stock options. The acquisition aims to enhance Sysco's presence in the cash and carry market, which is valued at $60-$70 billion. Sysco's CEO and interim CFO have received stock awards to ensure leadership continuity during this transition. The acquisition is currently facing scrutiny from lawmakers and industry groups over potential antitrust issues.
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Based on deal dataFrequently asked
Who acquired Jetro Restaurant Depot?
Jetro Restaurant Depot was acquired by Sysco Corporation, based in Houston. The deal was reported on September 8, 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 8, 2026. Sysco has announced its plans to acquire Jetro Restaurant Depot for approximately $29 billion, combining cash and stock options. The acquisition aims to enhance Sysco's presence in the cash and carry market, which is valued at $60-$70 billion. 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.
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