Jetro Restaurant Depot

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Sysco bets $29 billion on Restaurant Depot to reshape food distribution

As of May 2026: Target — agreed to $29.1 billion sale to Sysco

Sysco, which delivers food to roughly one in every six restaurants in America, announced on March 30 that it would buy Jetro Restaurant Depot—the nation's largest cash-and-carry wholesaler—for $29.1 billion. The deal combines Sysco's truck delivery with Restaurant Depot's 166 warehouse stores, where independent owners load items and pay cash, creating a company serving over a million customers.

Updated May 30