Jetro Restaurant Depot Acquired by Sysco | Logistics M&A Deal

Sysco has acquired Jetro Restaurant Depot, a warehousing distribution business in New Jersey, for $29.1 billion. Jetro Restaurant Depot operates cash-and-carry wholesale warehouses that serve smaller restaurants and grocery retailers through self-service pickup and customer payment at checkout. Sysco acquisitions expand its logistics M&A footprint by adding a higher-margin “cash and carry” channel alongside its existing delivery-focused foodservice distribution model. The merger acquisition is a strategic acquisition by Sysco, combining strategic acquisition scale with a platform expansion into smaller customer segments.