NEW YORK — Sysco, the nation’s largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than $29 billion.
The acquisition 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.”
Sysco, based in Houston, serves more than 700,000 restaurants, hospitals, schools, hotels, supplying them with everything from butter and eggs to napkins. Those goods are typically acquired on a regular basis to cover items that these locations know they’ll need…