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Sysco proposes $29.1 billion acquisition of Jetro Depot

PUBLIC · SYYAug 26, 2026about 3 hours ago

Acquiring Company

Sysco Corporation

Acquired Company

Jetro Restaurant Depot

HoustonNew YorkFood and BeverageHospitalityFood and BeverageHospitalityRetail

Description

Sysco Corporation is proposing a $29.1 billion acquisition of Jetro Restaurant Depot amidst concerns about market consolidation. U.S. Senators Tammy Baldwin and Cory Booker are urging the FTC to investigate the potential impact on competition and costs for independent restaurants. The deal could further consolidate the food distribution system, affecting pricing and options for small businesses and consumers.

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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Predictive Intelligence
Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Jetro Restaurant Depot?

Jetro Restaurant Depot was acquired by Sysco Corporation, based in Houston. The deal was reported on August 26, 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 August 26, 2026. Sysco Corporation is proposing a $29.1 billion acquisition of Jetro Restaurant Depot amidst concerns about market consolidation. U.S. 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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