Giant U.S. food distributor strikes $29B Jetro restaurant deal
Sysco, the nation’s largest food distributor, has agreed to acquire Jetro Restaurant Depot in a deal valued at approximately $29.1 billion including debt. The transaction, announced March 30, is the largest in Sysco’s history. The deal gives Sysco a major entry into the cash-and-carry wholesale segment, a $60 billion to $70 billion market that primarily […]
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