Tag: mergers & acquisitions

In the realm of fresh produce or the greater food industry—outside the Kroger-Albertsons deal—what does the future hold for merger and acquisition (M&A) activity? Will the pace quicken or slow due to inflation and other factors?

Many in the greater food industry are waiting to see what happens with the proposed merger of Kroger Company and Albertsons Companies, Inc.

Subway today announced that it has entered into a definitive agreement to be acquired by affiliates of Roark Capital.

The role of private equity—and its impact on mergers and acquisitions (M&A)—continues to evolve.

Much consolidation has occurred in the grocery retail sector over the last several years, some of which is still ongoing—such as the potential Kroger-Albertsons deal.

The reasons for M&A deals vary. For a private equity firm, the typical reason is simply a desire for a strong return on investment.

Back then, it was tech companies and industry disruptors that attracted PE investment. In the years since, we’ve seen a steady increase of PE investment being made in actual produce companies—businesses that grow, ship, package, and deliver fresh fruits and vegetables. 

Merger and acquisition (M&A) activity is common in the business world, though it hasn’t been as prevalent in the fresh fruit and vegetable world—until recently.

When Batavia, IL-based Aldi said it is buying 400 Winn-Dixie and Harveys locations, I was shocked.

Southeastern Grocers Inc. (SEG), parent company of Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, today announces it has entered into definitive agreements with ALDI and Fresco Retail Group, LLC to effectuate a comprehensive strategic divestiture of its businesses.