Transaction Combines Two Complementary Food-Away-From-Home Industry Leaders to Create Preeminent U.S. Multi-Channel Foodservice Distribution Platform Transaction Expected to be Immediately Accretive ...
Sysco Corporation (SYY) experienced a significant 15% drop in share price following its announcement of a transformative $29 billion acquisition of Jetro Restaurant Depot on March 30, 2026. The deal, ...
On March 30, Sysco SYY announced its acquisition of privately held Jetro Restaurant Depot, the largest US cash-and-carry food distributor, for $29.1 billion, based on Sysco’s pre-announcement share ...
Forbes contributors publish independent expert analyses and insights. Phil Lempert covers breaking news and trends in food and retail. Small independents once used Jetro Restaurant Depot to keep the ...
The foodservice distribution sector continues to adapt to changing consumption patterns and supply chain conditions. Sysco (NYSE:SYY) operates within this evolving landscape, providing products and ...
Sysco Expands Into High-Margin Restaurant Segment With $29 Billion Deal NEW YORK (AP) — Sysco, the nation's largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than ...
An announcement from Sysco ( (SYY) ) is now available.
Two of the nation’s largest distributors of food to commercial kitchens are merging creating one of the nation’s largest private truck fleets. Ad Loading... Sysco and US Foods announced an agreement ...
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