Sprouts Farmers Market and Sunflower Farmers Market have completed their proposed merger, and three new Arizona stores are planned. The Phoenix Business Journal reports that plans call for opening a new store in Ahwatukee in September and another in Phoenix and Flagstaff in early 2013. Each store will hire about 80 people. While company officials […]
Tag: Acquisition
Posted in, Midwest
General Mills Buying Brazilian Food Maker For Nearly $1B
General Mills Inc. said Thursday it is buying privately-held Brazilian packaged-food maker Yoki Alimentos for $958 million, reports the Minneapolis/St. Paul Business Journal. The price includes the assumption of $98 million in debt, Golden Valley, Minn.-based General Mills said in a filing with the U.S. Securities and Exchange Commission. The company said it expects the […]
Posted in, Midwest
Nash Finch Buying Omaha’s No Frills Supermarkets
Nash Finch Co., Minneapolis-based food distributor, announced today that U Save Foods Inc., a Nash Finch wholly owned subsidiary, has entered into an agreement to purchase the No Frills Supermarkets. Fourteen stores are located in Nebraska, 12 of which are in the Greater Omaha market; four stores are located in western Iowa. No Frills is […]
Posted in, Midwest, West
Apio Acquires Green Bean Processor
Fresh-cut vegetable producer Apio Inc. has acquired GreenLine Foods Inc. from The Riverside Co., a global private equity firm. Perrysburg, Ohio-based GreenLine Foods is a leading processor and marketer of value-added, fresh-cut green beans in North America, according to Apio, which is based in Guadalupe, Calif. “U.S. consumer demand for the convenience of fresh-cut green […]
Posted in, West
Schiff Nutrition Acquires Airborne Inc.
Salt Lake City, Utah-based Schiff Nutrition International Inc. has acquired Airborne Inc., a leading provider of immune support products for $150 million in cash, subject to certain adjustments. “Schiff is focused on building premium brands and leading innovation,” said Tarang Amin, president and CEO. “We are excited about the Airborne acquisition, which fits well with […]
Posted in, Beverage News, Midwest
Meijer Moves Into Dairy Production With ‘Purple Cow Creamery’
Meijer, the Grand Rapids, Mich.-based retailer, has acquired the plant operations at Bareman’s Dairy, a family-owned company based in Holland, Mich. Meijer’s move into dairy production also will include a more than $8 million investment to expand the Bareman’s dairy plant in Holland. “This is an exciting day for our company,” said Co-Chairman and CEO […]
Posted in, Southeast
TreeHouse Foods To Acquire Naturally Fresh
TreeHouse Foods Inc. announced today, March 20, that it has entered into a definitive agreement to acquire substantially all of the assets of Naturally Fresh Inc., a privately owned Atlanta-based maker of refrigerated dressings, sauces, marinades, dips and specialty items in a wide array of packaging sizes. The products manufactured by the Naturally Fresh Inc. […]
Posted in, Midwest, New Products
Best Chicago Meat Acquires Glenmark Brand, Introduces New Product Line
In December 2011, Best Chicago Meat Co. LLC acquired the Glenmark® brand on the occasion of the brand’s 40th anniversary. Originally owned by OSI, the Glenmark burger was first developed in the early 1970s. “The ownership of the brand makes our company the leading frozen burger producer in the Midwest, and we’re really proud of […]
Posted in, Northeast
Safeway Selling Three Genuardi’s Stores to Weis Markets
Pleasanton, Calif.-based Safeway Inc. has reached a definitive agreement to sell three of its Genuardi’s stores in Pennsylvania to Weis Markets Inc. Safeway will continue to operate these stores until the transaction closes, and the company is working through an orderly transition for the stores, according to a news release. The transaction is subject to […]
Posted in, Northeast
Giant Food Acquires Two Fresh & Green’s in Baltimore Region
Giant Food of Landover, Md., has entered into a definitive agreement with Mrs. Green’s Management Corp. to acquire two of the company’s Fresh & Green’s supermarket locations currently serving the Baltimore market. The following locations are part of this acquisition: • Fresh & Green’s of Hampden, 1020 West 41st St., Baltimore; and, • Fresh & […]
Posted in, C-Store News, Southeast, Southwest
7-Eleven Acquires 55 Sam’s Mart Stores in the Carolinas
Slurpee® drinks, Big Bite® hotdogs, Big Gulp® beverages and other convenient services are on their way to Charlotte. Dallas, Texas-based 7-Eleven Inc. has entered into an agreement with Sam’s Mart LLC to acquire 55 Sam’s Mart stores in North and South Carolina and convert them to 7-Eleven® stores this year. The transaction is anticipated to […]
Posted in, Southeast
Bubba Burger CEO Buys Peterbrooke Chocolatier
Hickory Foods, the parent company of Bubba Burger, has completed the purchase of Peterbrooke Chocolatier Inc., according to a report in The Florida Times-Union. CEO Billy Morris will rename the company Peterbrooke Chocolate Co. and operate it under the Hickory Foods umbrella Peterbrooke, headquartered in Jacksonville, Fla., has five local stores and 20 franchised stores—two […]
Posted in, Southeast
Winn-Dixie CEO Says Company Will Defend Against Suit
Winn Dixie Stores Inc. Chairman, President and CEO Peter Lynch sent out written communications to company employees updating them and answering questions about the pending sale to Bi-Lo and addressed publicly a lawsuit filed by shareholders against the sale, reports the Jacksonville Business Journal. The recently released information is part of Winn-Dixie’s merger resource center […]
Posted in, National, Southwest
AWG Sells HAC Stores to Employees
The management and employees of Homeland Acquisition Corp. (HAC), consisting of Homeland, United of Oklahoma, Country Mart stores in Oklahoma and Super Save stores in north central Texas, has completed an employee buyout transaction allowing employees to purchase the company, which operates 76 retail grocery stores, from Associated Wholesale Grocers (AWG), a retail-owned cooperative. The […]
Posted in, Midwest
Brynwood Partners Acquires Pearson Candy Co.
On Aug. 22, Brynwood Partners VI L.P. announced that it acquired St. Paul, Minn.-based Pearson Candy Co. Terms and conditions of the transaction, which closed on Aug. 22, were not disclosed. Pearson, previously owned by Larry Hassler and founded over 100 years ago, is a leading manufacturer and marketer of widely recognized confectionery brands including […]