The $29 Billion Deal That Could Change Your Restaurant Bill: Sysco Acquires Restaurant Depot
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YouTubeThe Daily Acquirer
The $29 Billion Deal That Could Change Your Restaurant Bill: Sysco Acquires Restaurant Depot
Sysco — the $81 billion company behind the food at virtually every restaurant, hospital, and hotel in America — just agreed to acquire Jetro Restaurant Depot for $29 billion. This deal combines two completely opposite business models and gives one company control over both ends of the foodservice market. Here's what happened, why it ...
280 views1 month ago
Sysco Food Products
Sysco announced it’s buying Restaurant Depot and if you run an independent restaurant, listen up.
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Sysco announced it’s buying Restaurant Depot and if you run an independent restaurant, listen up.
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Going out to eat these days is literally just finding out which restaurants can heat up Sysco the best. And today, Sysco made sure it's going to stay that way after announcing that they're buying Restaurant Depot for $29 billion. And if you don't know what Restaurant Depot is, that's exactly the problem with the food system right now. Restaurant Depot is basically Costco for restaurants. Your local pizza spot down the street — that's where they get their ingredients. It's the lifeline for indepe
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