Trending Now - Sysco Acquires Jetro Restaurant Depot in $29 Billion Move

WHO:

Bloomberg Markets - The acquisition is from billionaire Nathan "Natie" Kirsh.

ABC News Business - Sysco is the nation’s largest food distributor.

Bloomberg Markets - Jetro Restaurant Depot LLC is a privately held company.

WHAT:

Bloomberg Markets - The deal will create one of the largest food-service groups in the US.

ABC News Business - Sysco will acquire Jetro Restaurant Depot in a deal worth more than $29 billion.

Bloomberg Markets - The acquisition deal is valued at $29.1 billion, including debt.

WHERE:

Bloomberg Markets - The acquisition involves Jetro Restaurant Depot, which operates in the food distribution sector.

WHEN:

ABC News Business - The acquisition announcement was made in March 2026.

WHY:

ABC News Business - The acquisition allows Sysco to expand into the high-margin restaurant segment.

HOW:

Bloomberg Markets - Sysco Corp. is acquiring Jetro Restaurant Depot LLC for $29.1 billion including debt.

Bloomberg Markets - The deal will be executed through the purchase of Jetro Restaurant Depot LLC.

(UPDATED March 30, 2026 17:18 UTC)

Sysco Corp. is set to acquire Jetro Restaurant Depot LLC for $29.1 billion, including debt, in a deal orchestrated by billionaire Nathan "Natie" Kirsh. This acquisition will create one of the largest food-service groups in the United States. The announcement was made by Bloomberg Markets earlier on Monday.

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(UPDATED March 30, 2026 15:19 UTC)

Sysco, the nation’s largest food distributor, has announced it will acquire Jetro Restaurant Depot in a deal valued at $29.1 billion, including debt. This acquisition, revealed in March 20th26, will enable Sysco to expand into the high-margin restaurant segment. The transaction will be executed through the purchase of Jetro Restaurant Depot, a privately held company operating in the food distribution sector.