https://www.restaurantbusinessonline.co ... depot-291b
Sysco is getting into the cash-and-carry business.
The giant broadline distributor, the country’s largest provider of food and other goods to restaurants and other foodservice providers, on Monday said that it has a deal to acquire Jetro Restaurant Depot for $29.1 billion in cash and stock.
Restaurant Depot is a leading source of products for mostly independent restaurants and other businesses. It operates 166 large-format warehouse stores in 35 states that generate $16 billion in annual revenue, including $2.1 billion in EBITDA, or earnings before interest, taxes, depreciation, and amortization. ..........
