Acquisition Archives - Page 12 of 20
Posted in, Northeast

Reynolds American Completes Lorillard Purchase

Reynolds American Inc. (RAI) has completed its acquisition of Lorillard Inc. and related divestiture transactions. As a result of the acquisition, Lorillard is a subsidiary of RAI. RAI’s operating companies have key brands across major industry categories: Newport, Camel, Pall Mall and Natural American Spirit in combustible cigarettes; Grizzly in smokeless tobacco; and VUSE in […]

Posted in, Northeast

Global Partners Completes Purchase Of Retail Stations From Capitol Petro Group

Global Partners of Waltham, Massachusetts, has completed the acquisition of a portfolio of 97 primarily Mobil- and Exxon-branded owned or leased retail gas stations and seven dealer supply contracts from Capitol Petroleum Group. The acquisition includes 51 retail locations and seven dealer supply accounts in New York City and 46 retail locations in the Maryland/Washington, D.C., […]

Posted in, Northeast

Cumberland Farms-Gulf Oil Issues No Comment On Gulf Oil Sale, And More…

Convenience Store News In Brief… Gulf Oil and Cumberland Farms had no comment on reports that Gulf Oil will be sold to ArcLight Capital Partners, a private equity firm in Boston. Derek Beckwith, Cumberland Farms-Gulf spokesperson, said, “Gulf Oil LP does not comment on the company’s ongoing strategic and operating matters, and particularly not on […]

Posted in, Northeast

Hormel Foods To Buy Organic Meat Group Applegate Of New Jersey, And More…

New Channels News In Brief Hormel Foods Corp. plans to acquire Applegate of Bridgewater, New Jersey, a leading brand in the natural and organic value-added prepared meats category. Applegate will operate autonomously as a stand-alone subsidiary in the company’s refrigerated foods segment. Applegate has strategic relationships with a diverse set of manufacturers and processors who […]

Posted in, C-Store News, Southwest, Store News

Brookshire Brothers Selling 26 Polk Pick-It-Up Stores

The Brookshire Brothers grocery chain has entered into an agreement to sell 26 convenience stores in its Polk division to Partners Investors C-Stores Ltd. The Polk stores are located throughout Deep East Texas. Brookshire Brothers will keep its Polk Pick-It-Up locations in Hudson, Central Heights, Central and Wells. “We are continuously evaluating our business to ensure optimal […]

Posted in, Northeast

C&S Shuttering Three Former White Rose DCs In New Jersey

C&S Wholesale Grocers confirmed to The Griffin Report Thursday that three food distribution facilities in New Jersey that C&S purchased in the 2014 bankruptcy of Associated Wholesalers Inc. (AWI) will cease operations on or about July 12, with distribution responsibilities shifting to other facilities in the surrounding region. The closures will not affect the facilities in […]

Posted in, Albertsons, Northeast

Ahold And Delhaize Confirm Merger Talks, And More…

Supermarket News In Brief… Dutch food retailer Royal Ahold and Belgium’s Delhaize have confirmed they are in talks about a possible $25 billion merger that could also create one of the largest supermarket operators across the Atlantic, according to reports. Despite being based in Europe, both companies generate about 60 percent of their sales in the […]

Posted in, Northeast, Suppliers

McCormick Selects Hunt Valley Site As Preferred Location For New Headquarters

McCormick & Co. is working toward finalizing an agreement that will make 99 Shawan Road in Hunt Valley, Maryland, its new company headquarters. The process is expected to take several months, and McCormick says the move is an effort to consolidate more than 900 employees currently located across several buildings in Hunt Valley and Sparks […]

Posted in, Corporate Store News, Equipment & Technology, National, Online Grocery Technology

Kroger Buys Certain Dunnhumby Assets To Create New ‘84.51°’ Business

DunnhumbyUSA joint venture partners dunnhumby Ltd. and The Kroger Co. today announced what they call a “new chapter in their successful alliance that will provide greater flexibility for both parties to use data to create substantial opportunities for innovation and growth.” Under the new arrangements dunnhumby Ltd. and Kroger will replace their existing exclusive joint […]

Posted in, Center Store, Southeast, Suppliers

Southeastern Mills Acquires Original Louisiana Brand Hot Sauce

Rome, Georgia-based Southeastern Mills Inc. has acquired The Original Louisiana Brand Hot Sauce and related assets from New Iberia, Louisiana-based Bruce Foods Corp. This acquisition includes all of the brands and intellectual property related to the hot sauce business, as well as the manufacturing and warehouse facilities in New Iberia. The Original Louisiana Brand Hot […]

Posted in, Albertsons, Corporate Store News, Executive News, National

Albertsons Shakes Up Leadership Team

AB Acquisition LLC, parent company of Albertson’s LLC, New Albertson’s Inc. and Safeway Inc.—collectively Albertsons—says that Bob Miller, the company’s current executive chairman, will assume the additional role of CEO, effective immediately. Robert Edwards, who had been appointed CEO at the recent close of the acquisition of Safeway by AB Acquisition, will continue on with […]

Posted in, Northeast

Record-Breaking Year For Seafood Expo North America, And More…

New Channels In Brief Diversified Communications, producers of Seafood Expo North America and Seafood Processing North America, announced that the 35th edition of the exposition had a record-breaking year with more than 20,680 seafood professionals participating in the three-day event, held March 15-17 in Boston. More than 1,200 exhibiting companies from 51 countries—surpassing last year’s […]