Sysco, Restaurant Depot and Houston food distribution
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Sysco (NYSE:SYY) said it has entered into a definitive agreement to acquire Restaurant Depot, a wholesale cash-and-carry foodservice supplier focused on small restaurants and local businesses. On a conference call announcing the deal,
Nathan Kirsh built Restaurant Depot from one warehouse in Brooklyn in 1976 and after getting his business start in South Africa.
Transaction Combines Two Complementary Food-Away-From-Home Industry Leaders to Create Preeminent U.S. Multi-Channel Foodservice Distribution