Tag: mergers & acquisitions

A lawsuit to block the merger is expected before a February 28 deadline between the FTC and the companies expires, according to the report. 

After a yearlong investigation, Colorado Attorney General Phil Weiser today filed a lawsuit in Denver District Court to block the $24.6 billion proposed merger between Kroger and Albertsons, two of the largest supermarket chains in Colorado.

US Foods Holding Corp., one of the largest foodservice distributors in the United States, today announced results for the fourth quarter and full fiscal year 2023.

Grocery Outlet Holding Corp. today announced that it has agreed to acquire United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.

Wholesale Produce Supply LLC, a leading fresh produce logistics and inventory management solutions provider and a portfolio company of Cross Rapids Capital LP, is pleased to announce its acquisition of the assets of G.O. Corporation I, a respected processor of fresh cut produce.

Indiana's largest independent foodservice distribution company – Raydia Food Group, formerly Stanz-Troyer Holdings, LLC – announced today that it has acquired Terre Haute, Indiana-based B & B Foods Distributors, Inc.

Unifrutti, a global leader in premium fresh fruits production and distribution, announced the acquisition of 100% of Sociedad Exportadora Verfrut S.A. (“Verfrut”), a key South American fruit producer and exporter.

The climate for corporate mergers isn’t looking too good right now, as the supermarket retail chains Kroger and Albertsons have announced that they are delaying their highly publicized and extremely controversial merger,

Calavo Growers, an avocado leader and provider of ready-to-eat fresh food, announced that it is exploring a sale of its Fresh Cut Business (formerly “RFG”) to F&S Fresh Foods

KESI Management, a food and beverage company that specializes in providing comprehensive and tailored full-service solutions to the food and beverage industry, joined FreshEdge, a family of best-in-class fresh food distribution companies.