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Home/News Feed/Sysco to acquire Jetro Restaurant Depot in $29.1B deal to expand into high-margin Cash & Carry market
SYY
$80.82
-$2.03 -2.45%

Sysco to acquire Jetro Restaurant Depot in $29.1B deal to expand into high-margin Cash & Carry market

Company Fundamentals
30 Mar 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Sysco Corporation announced it will acquire Jetro Restaurant Depot for $29.1 billion, combining two major foodservice distributors to enter the growing, high-margin Cash & Carry channel. Jetro operates 166 warehouse stores serving over 725,000 independent restaurants, complementing Sysco’s delivery-focused business. The deal is expected to be immediately accretive to earnings and free cash flow, with plans to open 125+ new Jetro locations nationwide, enhancing value and convenience for small foodservice customers. The transaction is expected to close by Q3 fiscal 2027, with Jetro operating as a standalone segment within Sysco.

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