Sysco said Monday that it will acquire Restaurant Depot, expanding into the cash-and-carry restaurant supply market.
The deal is meant to help Sysco expand into the high-margin and growing cash-and-carry distribution model.
March 30 (Reuters) - Sysco said on Monday it would buy catering supplier Jetro Restaurant Depot in a $29 billion deal ...
Sysco said on Monday it would buy catering supplier Jetro Restaurant Depot in a $29  billion deal, including debt, expanding ...
Sysco, the nation’s largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than $29 billion. The acquisition would create a closer link between Sysco and customers that ...
Transaction Combines Two Complementary Food-Away-From-Home Industry Leaders to Create Preeminent U.S. Multi-Channel Foodservice Distribution ...
Sysco to acquire Jetro Restaurant Depot in a $29.1B deal, boosting revenue, EBITDA and cash flow while entering cash & carry.
The deal, involving cash and stock, will give the broadline food distribution giant a major foothold into the “cash-and-carry” business.
Marking one of the largest transactions in the history of wholesale distribution, it's set to push Sysco’s annual revenue to ...
Sysco serves more than 700,000 restaurants, hospitals, schools and hotels, supplying them with everything from butter and eggs to napkins.