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Sysco to acquire Jetro Restaurant Depot for $29 billion

PUBLIC · SYYAug 11, 2026•about 3 hours ago

Acquiring Company

Sysco

Acquired Company

Jetro Restaurant Depot

Houston

New YorkFood and BeverageHospitalityFood and BeverageHospitalityRetail

Description

Sysco is set to acquire Jetro Restaurant Depot in a deal valued at approximately $29 billion. The acquisition aims to enhance Sysco's supply chain by integrating Restaurant Depot's cash-and-carry model into its distribution network. Sysco CEO Kevin Hourican is confident that the deal will gain regulatory approval despite ongoing scrutiny. The merger is expected to create more affordability and jobs in the food service industry.

Company Information

Company

Sysco

Location

Houston, Texas, United States

About

Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 58,000 associates, the company operates 343 distribution facilities worldwide and serves more than 650,000 customer locations. For fiscal 2021 that ended July 3, 2021, the company generated sales of more than $51 billion. Information about our CSR program, including Sysco’s 2021 Corporate Social Responsibility Report, can be found at www.sysco.com/csr2021report. For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoFoods. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.

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M&A Insights

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Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

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Post-acquisition investment

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Frequently asked

Who acquired Jetro Restaurant Depot?

Jetro Restaurant Depot was acquired by Sysco, based in Houston. The deal was reported on August 11, 2026. Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Sysco is publicly traded (SYY) and operates in Food and Beverage.

When did Sysco acquire Jetro Restaurant Depot?

Sysco's acquisition of Jetro Restaurant Depot was reported on August 11, 2026. Sysco is set to acquire Jetro Restaurant Depot in a deal valued at approximately $29 billion. The acquisition aims to enhance Sysco's supply chain by integrating Restaurant Depot's cash-and-carry model into its distribution network. 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.