secwatch / observer
8-K filed March 30, 2026, 7:59 PM ET ticker SYY CIK 0000096021
M&A confidence high sentiment positive materiality 0.95

Sysco to acquire Jetro Restaurant Depot for $21.6B cash and stock; forms new HoldCo

SYSCO CORP

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SYSCO CORP entered into Agreement and Plan of Merger with JRD Unico, Inc., Warehouse Realty, LLC (collectively, Jetro Restaurant Depot) valued at $21.6 billion in cash and 91.5 million shares of HoldCo Common Stock (effective 2026-03-30).

Action
entry
Agreement
merger
Counterparty
JRD Unico, Inc., Warehouse Realty, LLC (collectively, Jetro Restaurant Depot)
Value
$21.6 billion in cash and 91.5 million shares of HoldCo Common Stock
Effective
2026-03-30
Exact text from the filing
On March 30, 2026, Sysco Corporation, a Delaware corporation (“ Sysco ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with JRD Unico, Inc., a Delaware corporation (“ JRD ”), Warehouse Realty, LLC, a Delaware limited liability company (“ Warehouse Realty ”, together with JRD, known as “ Jetro Restaurant Depot ”), New Slider Holdco, Inc., a Delaware corporation and a wholly owned subsidiary of Sysco (“ HoldCo ”), Slider Merger Sub 1, Inc., a Delaware corporation and a wholly owned subsidiary of HoldCo (“ Merger Sub 1 ”), Slider Merger Sub 2, Inc., a Delaware corporation and a wholly owned subsidiary of HoldCo (“ Merger Sub 2 ”), Slider Merger Sub 3, LLC, a Delaware limited liability company and a wholly owned subsidiary of HoldCo (“ Merger Sub 3 ”), and a holder representative (the “ Holder Representative ”), solely in its capacity as the initial Holder Representative (as defined in the Merger Agreement).
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SYSCO CORP filing history →

Source: SEC EDGAR
accession 0000950142-26-000922
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