Hain Celestial Group of Lake Success, New York, an organic and natural products company with operations in North America, Europe and India, has acquired Orchard House Foods of the United Kingdom, a producer of prepared fruit, juices, fruit desserts and ingredients. Orchard House supplies leading retailers, on-the-go food outlets, foodservice providers and manufacturers in the […]
Tag: Acquisition
Posted in, Independent Store News, Midwest, Store News
Fareway To Acquire Family Food Center In Anamosa, Iowa, And Build New Store In Peosta
Fareway Stores has entered into a purchase agreement to acquire the former Family Food Center located at 402 E. Main Street in Anamosa, Iowa. The grocery chain also plans to build a new store in Peosta. Fareway says it currently is working with local officials on the details of the Family Food Center acquisition and […]
Posted in, Center Store, Nonfood Items, Suppliers, West
Bradshaw To Acquire SHYE Food Storage Biz
Bradshaw International, a leading housewares supplier, has reached an agreement to purchase SHYE/LHS Inc., a Fullerton, California-based maker of food storage containers, lunch boxes and tabletop products, HomeWorld Business reports. Started in 2000 by founders Leonard Stamper and Brian Sykes, SHYE Inc. has evolved into a branded and private label business selling across all trade […]
Posted in, Center Store, National
Newell Rubbermaid, Jarden Merger Will Create $16B Company
Newell Rubbermaid and Jarden Corp. have entered into a definitive agreement to combine the two companies. The transaction creates a $16 billion consumer goods company to be named Newell Brands, with a portfolio of leading brands in large unconsolidated categories, including Paper Mate, Sharpie, EXPO, Parker, Elmer’s, Calphalon, Rubbermaid, Graco, Baby Jogger, Aprica, Goody, Irwin, […]
Posted in, Northeast
CVS Health, Target Complete Sale Of Pharmacy Business, And More…
New Channels News In Brief… CVS Health has completed the acquisition of Target’s pharmacy and clinic businesses for approximately $1.9 billion. With the completion of the transaction, CVS Health has acquired Target’s 1,672 pharmacies across 47 states and will operate them through a store-within-a-store format, branded as CVS/pharmacy. In addition, a CVS/pharmacy will be included […]
Posted in, Beverage News, Industry News, National, Suppliers
JAB Holding To Buy Keurig Green Mountain
JAB Holding Co. is purchasing Keurig Green Mountain of Vermont. The deal, estimated at $13.9 billion and approved by Keurig Green Mountain’s board of directors, was announced today. JAB is acquiring Keurig Green Mountain in partnership with strategic minority investors, who already are shareholders in Jacobs Douwe Egberts B.V., (“JDE”), including Mondelēz International and entities affiliated […]
Posted in, Northeast
FTC Challenges Proposed Merger Of Staples And Office Depot, And More…
New Channels News In Brief… The Federal Trade Commission has filed an administrative complaint charging that Staples Inc.’s proposed $6.3 billion acquisition of Office Depot Inc. would violate the antitrust laws by significantly reducing competition nationwide in the market for “consumable” office supplies sold to large business customers for their own use. “The commission has […]
Posted in, Northeast
JAB Holding To Buy Keurig Green Mountain
JAB Holding Co. will purchase Keurig Green Mountain of Vermont. The deal, estimated at $13.9 billion, has been approved by Keurig Green Mountain’s board of directors. JAB is acquiring Keurig Green Mountain in partnership with strategic minority investors, who are already shareholders in Jacobs Douwe Egberts B.V. (JDE), including Mondelēz International and entities affiliated with BDT Capital Partners. […]
Posted in, Northeast
Connecticut Senator Voices Concern Over Beer Merger
After hearing concerns from 32 Connecticut breweries, U.S. Sen. Chris Murphy of Connecticut is asking the U.S. Department of Justice to carefully consider the impact the proposed merger between Anheuser-Busch InBev and SABMiller would have on independent craft brewers across the country. “I have heard from a number of small craft brewery owners in my […]
Posted in, Northeast
Ahold And Delhaize Add To Exec Team As Merger Proceeds
Ahold and Delhaize Group this week revealed the executive committee of Ahold Delhaize, effective upon completion of the proposed merger of the two companies. The future executive committee will be comprised of the management board members as announced in June and will be supplemented by the following four members, who will report directly to Ahold […]
Posted in, Northeast
SABMiller’s Stake In MillerCoors Will Be Sold To Pave Way For AB InBev Merger
Anheuser-Busch InBev formally has agreed to buy SABMiller for $107.7 billion. Under the terms of the purchase agreement, Molson Coors will acquire SABMiller’s 50 percent voting interest and 58 percent economic interest in MillerCoors. After completion of the transaction, MillerCoors will become a wholly owned subsidiary of Molson Coors. Molson Coors will acquire full ownership of the […]
Posted in, C-Store News, Southwest
7-Eleven Acquires 101 Gasoline Supply Locations In Florida
7-Eleven Inc. and its wholly-owned subsidiary, SEI Fuel Services Inc., have added 101 gasoline locations in Florida from Biscayne Petroleum and Everglades Petroleum. The acquisition consists of 94 controlled real estate locations, seven fuel-supply-only contracts and some related assets. These operations are primarily in the counties of Miami, Dade, Palm Beach and Broward with a […]
Posted in, Independent Store News, Midwest, Store News
Niemann Foods To Acquire Covington Foods’ County Market Stores
Niemann Foods Inc. (NFI) has signed a purchase agreement with Covington Foods to acquire six County Market stores. The stores are located in Crawfordsville, Covington and Attica, Indiana, and Danville and Tilton, Illinois. The transfer of ownership is expected on or before Jan. 7, 2016. “After 56 years of operating our stores and serving the […]
Posted in, Northeast
All American Meats Recalls Product Due To Possible E. coli, And More…
New Channels News In Brief… All American Meats of Omaha, Nebraska, is recalling approximately 167,427 pounds of ground beef products that may be adulterated with E.coli. The ground beef items were produced on Oct. 16. The products subject to recall bear establishment number “EST. 20420” inside the USDA mark of inspection. These items were shipped […]
Posted in, National, Suppliers
TreeHouse Foods To Acquire ConAgra’s Private Brands Biz For $2.7B
After it announced it May that it planned to “exit the private brands operations,” ConAgra Foods has signed a definitive agreement with TreeHouse Foods to sell that portion of its business for $2.7 billion. The deal is expected to close in the first quarter of 2016. The acquisition of ConAgra’s private brands operations will meaningfully […]
Posted in, Northeast
Snyder’s-Lance To Acquire Diamond Foods
Snyder’s-Lance and Diamond Foods, two major national snack manufacturers, have signed a definitive agreement by which Snyder’s-Lance will acquire all outstanding shares of Diamond Foods in a cash and stock merger transaction for approximately $1.91 billion. The agreement has been approved by the boards of directors of both companies. Diamond Foods’ five snack brands include Kettle […]
Posted in, Northeast
Walgreens Signs Pact To Buy Rite Aid, And More…
New Channels News In Brief… Two of the nation’s largest drugstore chains have agreed to combine operations. Walgreens Boots Alliance announced Oct. 27 that it has entered into a definitive agreement to acquire all the outstanding shares of Rite Aid in a deal valued at $17.2 billion. Walgreens has more than 13,100 stores in 11 […]
Posted in, Northeast
Gulf Oil Awaiting Federal Approval Before Moving To ArcLight Capital, And More…
Convenience Store News In Brief… Pending Federal Trade Commission approval, the transfer sale of Gulf Oil from Cumberland Farms will occur with the new owner: Arclight Capital Partners of Boston, a private equity firm focused on North American Energy Infrastructure assets. Since its establishment in 2001, ArcLight has invested more than $13.1 billion across multiple […]
Posted in, Albertsons, Corporate Store News, Southwest, Store News
Reports: Brookshire’s Exploring Sale
Numerous media outlets are reporting that Brookshire Grocery Co. (BGC) is exploring a sale of its more than 150 stores in Texas, Louisiana and Arkansas. The sale of the East Texas-based chain could value Brookshire’s at as much as $1 billion, including debt, according to one report. Representatives for the company reportedly told local news […]
Posted in, Northeast
Cumberland Farms Awards Free Gas Prize To Mark SmartPay Milestone, And More…
Convenience Store News In Brief… Cumberland Farms is giving away one year of free gas to loyal customer Kenneth Hobart of Wilmington, Massachusetts. Hobart recently was fueling up his tank at the Cumberland Farms store in Wilmington when the brand hit a major milestone of $1 billion of gas purchased through its SmartPay Check-Link program […]