Tag: mergers and acquisitions
Produce brokerage Vertical Choice acquired by Sea to Sky Farms
- General News
Co-founded by former multi-national foodservice distributor sales executive specialist Jay Kallu and retail produce expert Andy Eustis, Vertical Choice partners with local growers to bring their produce to market.
Coborn’s expands to Illinois with acquisition
- Retail
The transaction, expected to close next month, includes 11 Sullivan’s Foods locations, a convenience store/gas station, and three Ace Hardware stores, according to media reports.
Rowe’s IGA Supermarkets acquired by Massy Stores USA
- Retail
The acquisition of Rowe's IGA, an independent supermarket chain with seven stores in Jacksonville, Florida, is aligned with the Massy Integrated Retail Portfolio's strategy to expand its retail footprint in the US market.
Southeastern Grocers considering sale
- RetailSoutheastern Grocers is the latest retailer rumored to be up for sale. The Wall Street Journal, …
Harbor Foodservice acquires NW Foodservice Distribution
- General News
The deal strengthens Harbor Foodservice's position as the Pacific Northwest's premier family-owned foodservice distributor.
First hurdle emerges in Kroger/Albertsons deal as lawmakers plan antitrust hearing
- Featured
Several lawmakers have raised concerns about Cincinnati-based Kroger Co.’s proposed acquisition of Boise-based Albertsons.
Rumored Kroger, Albertsons merger could make the largest grocer in the U.S.
- Featured
A merged Kroger and Albertsons would operate more stores in the U.S. than Walmart. Here's why that's not such a home run from a consumer standpoint.
Private equity firm acquires majority stake in Sunrise Produce
- General News
Sunrise is led by President and Chief Executive Officer David Sapia, an industry veteran with over 35 years of food distribution industry experience.
FreshEdge sold to private equity firm
- General News
Steve Grinstead, CEO, and Greg Corsaro, president, will continue to lead the business with the existing management team.
General Mills backs new GrubMarket investment, company now valued at $2 billion
- General News
A new $120MM in equity backed by General Mill’s investment arm has pushed San Francisco-based GrubMarket to a reported $2 billion in value.