Sysco expands into high-margin restaurant segment with $29 billion deal

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Sysco expands into high-margin restaurant segment with $29 billion deal
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Sysco, the nation’s largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than $29 billion. The acquisition announced Monday would create a closer link between Sysco and customers that rely on Restaurant Depot for supplies needed quickly in an industry segment known as “cash-and-carry wholesale.

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