The Economic Times

Sysco buys restaurant catering supplier Jetro Restaurant Depot for a whopping $29 Billion: Here's what this means for independent restaurants

US food giant Sysco has agreed to acquire catering supplier Jetro Restaurant Depot for $29 billion, including debt. This strategic move aims to expand Sysco's reach into the price-conscious independent restaurant market and its higher-margin cash-and-carry business. The deal, financed through debt and equity, is expected to close by the third quarter of fiscal 2027.