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South Africa Billionaire Nathan Kirsh (Age 94) Personal Fortune Increased to $15 Billion after Selling United States Catering Supplier Jetro Restaurant Depot for $29 Billion to United States $34 Billion Wholesale Restaurant Food Giant Sysco, Jetro Restaurant Depot Founded in 1976 by Nathan Kirsh

4th April 2026 | Hong Kong

South Africa billionaire Nathan Kirsh (Age 94) personal fortune has increased to $15 billion after selling United States catering supplier Jetro Restaurant Depot for $29 billion to United States wholesale restaurant food giant Sysco ($34 billion market value).  Jetro Restaurant Depot was founded in 1976 by Nathan Kirsh.  In 2026 March, United States wholesale restaurant food giant Sysco ($34 billion market value) has announced to buy United States catering supplier Jetro Restaurant Depot for $29 billion in cash & share deal.  Sysco – Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 337 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 730,000 customer locations. The company generated sales of more than $81 billion in fiscal year 2025 that ended June 28, 2025.  As the world’s largest food-away-from-home distributor, Sysco offers customized supply chain solutions, bespoke specialty product offerings, and culinary support to drive customers to innovate and optimize their operations. We act as a trusted business partner to our customers, helping them grow through our industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions.  Jetro Restaurant Depot – Founded in 1976 by Nathan “Natie” Kirsh, Jetro Restaurant Depot owns and operates Jetro Cash & Carry and Restaurant Depot, the largest cash-and-carry wholesaler serving restaurants and grocery retailers in the United States. The company operates 166 warehouses across 35 states. Jetro Restaurant Depot serves independent foodservice operators offering savings, selection and service, seven days a week.

“ South Africa Billionaire Nathan Kirsh (Age 94) Personal Fortune Increased to $15 Billion after Selling United States Catering Supplier Jetro Restaurant Depot for $29 Billion to United States $34 Billion Wholesale Restaurant Food Giant Sysco, Jetro Restaurant Depot Founded in 1976 by Nathan Kirsh “

 



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United States $34 Billion Wholesale Restaurant Food Giant Sysco to Buy United States Catering Supplier Jetro Restaurant Depot for $29 Billion in Cash & Share Deal, Jetro Restaurant Depot Founded in 1976 by Nathan Kirsh

New York City, United States

4th April 2026 – United States wholesale restaurant food giant Sysco ($34 billion market value) has announced to buy United States catering supplier Jetro Restaurant Depot for $29 billion in cash & share deal.  Jetro Restaurant Depot was founded in 1976 by Nathan Kirsh.  Sysco – Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 337 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 730,000 customer locations. The company generated sales of more than $81 billion in fiscal year 2025 that ended June 28, 2025.  As the world’s largest food-away-from-home distributor, Sysco offers customized supply chain solutions, bespoke specialty product offerings, and culinary support to drive customers to innovate and optimize their operations. We act as a trusted business partner to our customers, helping them grow through our industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions.  Jetro Restaurant Depot – Founded in 1976 by Nathan “Natie” Kirsh, Jetro Restaurant Depot owns and operates Jetro Cash & Carry and Restaurant Depot, the largest cash-and-carry wholesaler serving restaurants and grocery retailers in the United States. The company operates 166 warehouses across 35 states. Jetro Restaurant Depot serves independent foodservice operators offering savings, selection and service, seven days a week.




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