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Billionaire Kirsh Sells Jetro Restaurant Depot to Sysco for $29 Billion

Bloomberg
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Sysco Corp. will acquire Jetro Restaurant Depot LLC for $29.1 billion from billionaire Nathan "Natie" Kirsh, marking one of the largest food-service mergers in U.S. history. The deal, announced March 30, 2026, consolidates Sysco’s dominance in the wholesale food distribution sector, expanding its reach to independent restaurants and small businesses. Jetro, a cash-and-carry supplier with 130+ locations, will operate under Sysco’s umbrella, strengthening its last-mile delivery and bulk supply capabilities. Kirsh, an 88-year-old South African-born entrepreneur, built Jetro into a multi-billion-dollar enterprise before the sale, adding to his global real estate and retail portfolio. Analysts expect regulatory scrutiny but anticipate approval, given minimal overlap in Sysco’s and Jetro’s customer bases, with closure projected by late 2026.
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Mar 30th, 2026Billionaire Kirsh Sells Jetro Restaurant Depot to Sysco for $29 BillionSysco Corp. is acquiring Jetro Restaurant Depot LLC for $29.1 billion from billionaire Nathan "Natie" Kirsh. The deal will create one of the largest food-service groups in the US. Liana Baker reports. Duration:4:03US Troop Buildup Spurs Concern of EscalationDaybreak: EuropeDuration:2:18Billionaire Kirsh Sells Jetro Restaurant Depot to Sysco for $29 BillionDuration:38:08BlackRock's Hambro on Why Investors Are Rotating Into CommoditiesNot Show SpecificDuration:5:03Citi Warns of Rising Stagflation RisksDuration:4:38Conflict Overshadows CPACDuration:4:29Brutal Private Equity Side Deals Have Lenders GraspingDaybreak: EuropeDuration:5:08Red Sea Transit Is Becoming a Concern as War WidensThe Opening TradeDuration:6:17NASA Prepares for Artemis II MissionAvailable on:Listen onApple TVListen onRokuListen onSamsung TVListen onFire TVListen onAndroid TVListen onRakuten TVListen onHaystack NewsWatch BTV in your area:Channel Finder

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