Yesway is acquiring Clovis, New Mexico-based Allsup’s Convenience Stores, which has a portfolio of 304 stores in Texas, New Mexico and Oklahoma. Some Allsup’s have served local communities for more than 60 years. “Allsup’s founders, Lonnie and Barbara Allsup, were true pioneers, innovators and visionaries of convenience store retailing,” said Yesway Chairman and CEO Thomas Nicholas […]
Tag: Acquisition
Musser’s Markets Selling Its Three Pennsylvania Stores To Giant
Giant Food Stores has reached an agreement with Musser’s Markets to acquire its three Pennsylvania locations in Columbia, Lebanon and Quarryville. The stores are located at 35 Friendly Drive, Quarryville; 3985 Columbia Avenue, Columbia; and 1750 Quentin Road, Lebanon. “We were honored when the Musser family contacted us about purchasing their wonderful locations,” said Nicholas Bertram […]
Cumberland Farms Sold To UK Retailer EG Group
United Kingdom-based EG Group has entered into a binding agreement to acquire Cumberland Farms Inc., the Westborough, Massachusetts, c-store chain that operates about 600 convenience and fuel retail stores in eight states, mainly in the Northeast but also in Florida. The companies did not disclose the terms of the deal but said EG Group would […]
Atlas Holdings Buys TreeHouse’s Flagstone Foods Division, Names CEO
Atlas Holdings, headquartered in Greenwich, Connecticut, has completed its purchase of the snacks division of TreeHouse Foods Inc., establishing Flagstone Foods as a new, standalone company headquartered in Minneapolis, Minnesota. Flagstone is manufacturer and distributor of private label snacks serving North America. The company’s more than 800 associates are located in plants in Robersonville, North […]
Brookshire Brothers Acquires Second Sabine Parish, Louisiana, Location
Lufkin, Texas-based Brookshire Brothers is expanding its presence in Western Louisiana with the acquisition of a second location in Many. “We are very grateful and excited to have the opportunity to serve Many in a wider capacity,” said company VP of Retail Operations Luke Gustafson. “With the Market Basket acquisition, we inherit its greatest asset—amazing […]
Lactalis Group Acquires Ehrmann’s U.S. Yogurt Division
Lactalis Group in Buffalo, New York, has acquired Ehrmann Commonwealth Dairy, the U.S. yogurt business of Ehrmann AG, a Bavaria, Germany-based dairy company. The acquisition was completed on July 5. Established in 2009, Ehrmann Commonwealth Dairy has two state-of-the-art manufacturing facilities that employ 250 people in Brattleboro, Vermont, and Casa Grande, Arizona. The plants manufacture […]
Golding Farms Foods Acquires Arcobasso Foods To Enhance Its Offerings
Golding Farms Foods, a Winston-Salem, North Carolina-based manufacturer of private label and branded sauce and condiment products, has acquired Arcobasso Foods Inc., a manufacturer of refrigerated dressings, sauces and beverage mixers. Golding Farms says the acquisition will enhance its product offerings and capabilities in several high-growth categories and establishes a national manufacturing footprint to supply […]
Affinity Group Expands With Matrix And Jon Morris Acquisitions
Affinity Group has acquired Matrix Sales & Marketing and Jon Morris & Co., two retail sales and marketing agencies. Enzo Dentico, CEO of Affinity Group Retail, said, “Both Jon Morris & Co. and Matrix Sales & Marketing have a tremendous history of success in our industry and are excellent solutions-oriented sales agencies that primarily focus […]
B&G Foods Acquires Clabber Girl Baking Products
B&G Foods Inc. has acquired the Clabber Girl Corp. baking products from Hulman & Co. In addition to Clabber Girl Baking Powder, Clabber Girl’s product offerings include the Rumford, Davis, Hearth Club and Royal brands of retail baking powder, baking soda and corn starch and the Royal brand of foodservice dessert mixes. B&G Foods, headquartered […]
Wells Buys Fieldbrook Foods, Expanding Ice Cream Production Eastward
Le Mars, Iowa-based Wells Enterprises has acquired Fieldbrook Foods, expanding Wells’ annual manufacturing capacity to 200 million gallons. The acquisition of the Dunkirk, New York-based Fieldbrook Foods from Arbor Investments was effective April 15. “The combination creates a stronger platform for growth and positions us to better serve our customers, as well as providing a […]
Smart & Final Agrees To Be Acquired By Apollo Funds
Smart & Final Stores Inc., a value-oriented food and everyday staples retailer headquartered in Commerce, California, has entered into a definitive merger agreement with certain investment funds managed by affiliates of Apollo Global Management LLC. According to the agreement, announced April 16, Apollo Funds will acquire all the outstanding shares of Smart & Final’s common […]
Soup Company Kettle Cuisine Acquires Harry’s Fresh Foods
Kettle Cuisine, a producer of refrigerated and frozen all-natural soups, has acquired Harry’s Fresh Foods, a privately held, custom-food manufacturing company based in Portland, Oregon. The transaction strengthens Kettle Cuisine’s leadership in the fresh soup category as the only coast-to-coast fresh soup producer. “Harry’s is a great business and a welcome addition to Kettle Cuisine,” […]
Casey’s Acquires Omaha-Based Fantasy’s Convenience Stores
Casey’s General Stores has acquired Fantasy’s Convenience stores and Ride the Wave carwashes located in the Omaha, Nebraska, metro area. Casey’s plans to perform significant remodels at all nine of the locations that will enable the stores to offer pizza, donuts, made-to-order sub-sandwiches and other freshly prepared food items. Casey’s plans to leave the popular […]
Thorntons Completes Sale To Arclight Capital And BP
Thorntons LLC has closed on the sale of Thorntons Inc., the company said in an announcement this week, finalizing the acquisition by a joint venture between Arclight Capital Partners and BP. The acquisition was made final on Feb. 11, 2019. Simon Richards, former head of regional development of BP Products North America, will serve as […]
Saco Foods Acquires California Sun Dry Foods
Saco Foods LLC, a Middleton, Wisconsin-based manufacturer and distributor of specialty consumer packaged goods, has acquired California Sun Dry Foods Inc., a brand of sun-dried tomatoes. California Sun Dry joins Saco’s line of products including Dolci Frutta, a chocolate hard-shell dessert dip. Charles Olins, formerly the VP of sales and marketing at Concord Foods, has joined Saco […]
H.I.G. Capital Acquires Lipari Foods
An affiliate of private equity investment firm H.I.G. Capital (H.I.G.) has acquired from Sterling Investment Partners and certain other selling shareholders, their interests in Warren, Michigan-based Lipari Foods Operating Co. H.I.G. is partnering with the Lipari family and the current management team to grow the company’s distribution and manufacturing platform. Terms of the transaction were […]
The Coca-Cola Co. Acquires Costa From Whitbread For $4.9 Billion
The Coca-Cola Co. has completed its acquisition of Costa Ltd. from Whitbread PLC. The $4.9 billion transaction follows approval from regulatory authorities in the European Union and China. The acquisition was first announced in August. Costa, which has operations in more than 30 countries, gives Coca-Cola a significant footprint in the global coffee business, the […]
Armaly Sponge Co. Buys Natural Sponge Distributor Acme Sponge Co.
Armaly Sponge Co., home to the Brillo brand and Armaly ProPlus brand, has acquired Acme Sponge Co. Acme, located in Tarpon Springs, Florida, is the No. 1 distributor of natural sponges globally and in the U.S, says Armaly, and traces its roots back four generations to sea sponge merchants and divers in Greece. In addition to natural sponges, […]
Peet’s Coffee Acquires Majority Stake In Revive Kombucha
Peet’s Coffee has acquired a majority stake in Revive Kombucha, a craft brewery based in Petaluma, California. Terms of the transaction were not disclosed. Revive offers an array of naturally fermented, organic, non-GMO, Fair Trade certified, ethically sourced and raw bottled and on-tap Kombucha. Peet’s says its financing will help to continue to scale the Revive brand, […]
Kroger Selling Its ‘You Technology’ Platform To Inmar
Inmar and The Kroger Co. are forming a new strategic relationship that they say will drive innovation in digital offer management. The relationship includes the sale to Inmar of You Technology, a digital coupon and digital rebate publishing unit owned by Kroger. The sale includes a long-term services agreement with Inmar for the continued delivery of digital […]
