On Monday, March 30, Sysco, the nation’s largest restaurant supply distributor, announced it was spending $29.1 billion to acquire Jetro Restaurant Depot (commonly known as Restaurant Depot), a major ...
Hosted on MSN
Sysco to buy Restaurant Depot in $29 billion deal
Sysco, the biggest U.S. food distributor to restaurants, hospitals and schools, struck a deal to acquire family-owned Jetro Restaurant Depot for roughly $29 billion, including debt. Under the terms of ...
Sysco Corporation is executing a bold acquisition of Restaurant Depot, aiming for immediate EPS accretion and long-term value creation. The deal leverages Restaurant Depot’s resilient, high-margin, ...
Sysco is acquiring Jetro Restaurant Depot for $29.1B, aiming for higher growth, margins, and scale, but faces substantial risks. The acquisition is highly dilutive, significantly increases leverage to ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results