Atkinson Candy Co. has announced an agreement with Laco Inc., a strategic partner of The Warrell Corp., to purchase Slo Poke, Black Cow and Sophie Mae brands. The three brands will become part of the Atkinson family of traditional made-in-America confections. Lufkin, Texas-based Atkinson Candy Co. will have exclusivity on marketing and sales of the […]
Tag: Acquisition
Posted in, Perishables, West
Zacky Farms Sell Its Assets To Lillian Zacky Family Trust
Fresno, Calif.-based Zacky Farms LLC has conducted a Chapter 11 auction for substantially all of its assets and says that The Robert D. Zacky and Lillian D. Zacky Family Trust was the successful bidder. As part of the transaction, the trust will retain substantially all of the Zacky employees. The auction results were announced at […]
Posted in, National, Suppliers
Seneca Foods Acquires Independent Foods
Seneca Foods Corp. has completed the acquisition of Independent Foods LLC. This business, based in Sunnyside, Wash., is a processor of canned pears, apples and cherries in the United States. Its product suite is sold via branded and private label items to the retail, foodservice and industrial markets. “We believe that these operations are a […]
Posted in, National
Flowers Foods Going After Hostess Bread Brands, Bakeries
Flowers Foods Inc. has signed two asset purchase agreements with Hostess Brands Inc. as the “stalking horse bidder” for certain Hostess assets. The announcement was made Jan. 11. One of the agreements provides for the purchase by Flowers of the Wonder, Nature’s Pride, Merita, Home Pride and Butternut bread brands; 20 bakeries; and approximately 38 […]
Posted in, National, Suppliers
Hormel Foods Buys Skippy Peanut Butter Brand For $700M
Hormel Foods, the maker of Spam luncheon meat, is paying $700 million to buy the Skippy peanut butter brand from consumer products maker Unilever, the companies announced today. CNNMoney reports that Hormel said Skippy has annual sales of $370 million, nearly $100 million of which comes from outside the U.S. Skippy, which was first introduced […]
Posted in, C-Store News, Southwest
7-Eleven Acquires 143 New Locations In South Texas From C.L. Thomas
7-Eleven Inc. continues its expansion in the Lone Star state with today’s announcement that the company has acquired 143 Speedy Stop and Tigermarket retail locations from C.L. Thomas Inc. of Victoria, Texas. The acquisition, which closed Dec. 31, increases 7-Eleven stores’ footprint in San Antonio, where recently the country’s largest convenience retailer purchased 25 stores […]
Posted in, Beverage News, National
Hain Celestial Acquires BluePrint Brand
The Hain Celestial Group Inc., a leading natural and organic products company, has closed on the acquisition of BluePrint brand, a nationally recognized leader in the raw juice category based in New York City. The BluePrint brand generated approximately $20 million in sales in calendar year 2012 and is expected to be accretive to Hain […]
Posted in, National
Advantage Sales & Marketing To Purchase Action West Group
Advantage Sales & Marketing LLC (ASM) plans to launch a new division focused on retail meat, seafood, deli and bakery clients and customers. The move will be fueled by ASM’s planned acquisition of six companies that currently form a working alliance under the name of Action West Group. Terms of the transaction were not disclosed. […]
Posted in, Albertsons, National
Supervalu Reportedly Moving Toward Sale Of Two Chains To Cerberus
Bloomberg News reports Supervalu Inc. is moving toward a deal to sell retail chains such as Albertsons and Save-A-Lot to Cerberus Capital Management LP after talks on a full takeover of the grocer stalled, said people with knowledge of the matter. Save-A-Lot, Supervalu’s hard-discount banner, also received interest from parties such as private-equity firm KKR […]
Posted in, Independent Store News, Midwest, Store News
Price Cutter Purchases Summer Fresh Supermarkets
Locally and employee-owned Price Cutter Supermarkets, based in Springfield, Mo., has finalized its purchase of Summer Fresh Supermarkets, also based in Springfield, and assumed control of the chain’s eight Summer Fresh stores and two Save-A-Lot banners in Missouri. “The days leading up to Thanksgiving are some of the busiest for supermarkets and it was imperative […]
Posted in, National
ConAgra Foods To Acquire Ralcorp
ConAgra Foods Inc. and Ralcorp Holdings Inc. have announced that the boards of directors of both companies have unanimously approved a definitive agreement under which Omaha, Neb.-based ConAgra Foods will acquire Ralcorp, the largest manufacturer of private label food in the U.S. with headquarters in St. Louis. Under the terms of the agreement, Ralcorp shareholders […]
Posted in, National, Suppliers
Hostess Employees Hope Buyer Will Put Them Back To Work
Former employees of Hostess Brands Inc. are now hoping that a buyer will save pieces of the liquidating company and put them back to work, according to the Jacksonville Business Journal. Irving, Texas-based Hostess set a 5 p.m. Nov. 15 deadline for workers involved in a union-organized strike to return to work. The company warned […]
Posted in, Southwest, Store News
Brookshire’s Purchases, Converts Four Kaye’s Stores In North Louisiana
Texas-based Brookshire Grocery Co. (BGC) is opening Super 1 Foods in Winnsboro, La., this week, as well as Brookshire’s stores in Columbia and Jonesboro, KNOE 8 News reports. The company also will open a Brookshire’s store in Winnfield in the next few days. BGC purchased and began converting the four former Kaye’s Food Market stores […]
Posted in, Hugo's Family Marketplace, Independent Store News, Midwest
Hugo’s To Purchase J&B Foods In Park Rapids, Minn.
Hugo’s Family Marketplace will acquire J&B Foods in Park Rapids, Minn. “We are excited to purchase a beautiful store like J&B Foods,” said Kristi Magnuson Nelson, president of Hugo’s. “Jeff and Bob Hensel have built a wonderfully successful supermarket in Park Rapids. J&B’s bakery, deli, meat and produce departments are top notch. Hugo’s is committed […]
Posted in, Suppliers, West
House Foods America Acquires El Burrito Mexican Food Products
House Foods America Corp., subsidiary of House Foods Corp. Japan, has completed its acquisition of El Burrito Mexican Food Products Inc., a leading healthy Mexican food brand based in City of Industry, Calif. The transaction includes substantially all of the assets of the company, which will be renamed El Burrito Mexican Foods Products Corp., and […]
Posted in, National
Bayer Crop Science Adds AgraQuest For Entrée Into Sustainable Seed
On the expo floor during the Produce Marketing Association (PMA) Fresh Summit and Expo in Anaheim, Calif., Sarah Reiter talked with The Shelby Report about the deal that brought together the company she formerly worked for, AgraQuest, and Bayer Crop Science in August 2012. Reiter, who is director of global product management-biologics, said that for […]
Posted in, National, West
Tony’s Fine Foods Acquires Food Distributor
West Sacramento-based food distributor Tony’s Fine Foods has acquired Portland-area company Ideal Food Products. The Sacramento Business Journal reports that the terms of the deal were not disclosed, but Tony’s is acquiring the assets of Ideal to begin operations in the Pacific Northwest out of Ideal’s Ridgefield, Wash., facility just north of Portland. The third-generation […]
Posted in, C-Store News, Southeast
Couche-Tard Acquires 29 Stores in Orlando
Alimentation Couche-Tard Inc. has signed, through its indirect wholly-owned subsidiary, Circle K Stores Inc., an agreement to acquire 29 stores in Orlando, Fla., from Florida Oil Holdings LLC. The transaction is anticipated to close at the end of this month. The transaction is subject to standard regulatory approvals and closing conditions. According to a confidentiality […]
Posted in, C-Store News, West
Couche-Tard Acquires 27 Stores In Eastern Washington State
Alimentation Couche-Tard Inc. has signed, through its indirect wholly-owned subsidiary, Circle K Stores Inc., an agreement to acquire 27 stores in Eastern Washington State primarily in the “Tri-Cities” area of Pasco, Kennewick and Richland from Sun Pacific Energy, which operates under the “Sun Mart” banner. The transaction is anticipated to close in November. The transaction […]
Posted in, Corporate Store News, Northeast
Tops To Acquire 21 Supermarkets From GU Markets
Tops Friendly Markets, a leading full-service grocery retailer in western New York, central New York and northwestern Pennsylvania, has announced that the company has entered into an agreement with GU Markets LLC, an affiliate of C&S Wholesale Grocers Inc., to acquire 21 supermarkets located in upstate New York and Vermont. This acquisition will bring the […]