company
Sysco
Sysco is a broadline food distributor based in Houston, Texas. It serves about 730,000 customer locations. In March 2026, it agreed to acquire Jetro Restaurant Depot in a deal valued at $29.1 billion.
Chair of the Board and Chief Executive Officer
Key facts
- Founded
- March 19, 1969source
- Press release dateline
- Houston, Texas (March 30, 2026)source
- Fiscal 2026 sales
- $84.6 billion, up 3.9% (fiscal year ended June 27, 2026)source
- Jetro Restaurant Depot acquisition
- Transaction valued at $29.1 billion (announced March 30, 2026)source
- Consideration to Jetro Restaurant Depot shareholders
- $21.6 billion in cash proceeds and 91.5 million Sysco sharessource
WYDE coverage of Sysco
Food Policy
Sysco's $29.1 Billion Restaurant Depot Deal Puts 725,000 Independent Restaurants Under a Distributor That Doesn't Compete on Price
Apr 4, 2026 · 3 min read
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Sources
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