How a $29 Billion Restaurant Supply Deal Could Change How Independent Restaurants Buy Food

How a $29 Billion Restaurant Supply Deal Could Change How Independent Restaurants Buy Food

Sysco announced plans to buy Restaurant Depot for an eye-popping sum earlier this week. Now, independent restaurants are organizing to fight the deal.Credit: Maskot / Getty ImagesOn 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 cash-and-carry chain with 165 locations across 35 states. That’s a dea…

Sysco Just Announced a $29.1 Billion Acquisition and Wall Street Is Nervous. Can a 3% Dividend Sweeten the Deal?

The Jetro deal strategically pushes Sysco into a faster‑growing, higher‑margin channel, but the new debt, jumping leverage, share dilution, and negative S&P outlook explain why SYY stock just had its worst day since 2020.

How will Sysco’s Restaurant Depot purchase affect independents?

Sysco to buy Restaurant Depot, and independents are fighting back Sysco announced plans to acquire Restaurant Depot for $29 billion, a move that could reshape how independent restaurants buy food at scale. Restaurant Depot is known as a major wholesale source for small operators that want…

Seafood industry digests impact of Sysco’s Restaurant Depot acquisition

'I would speculate RD sells well over $1 billion in seafood. That makes them a very large player in our industry' -- Roger O'Brien, Santa Monica Seafood