L Catterton, a global consumer-focused private equity firm based in Greenwich, Connecticut, is acquiring Cholula, a producer and distributor of hot sauce. The acquisition will allow Cholula to become a standalone enterprise. The terms of the transaction have not been disclosed. Cholula hot sauce was introduced into the U.S. in 1989. It is created from a generations-old recipe featuring […]
Tag: Acquisition
Posted inHome Page Latest News, Northeast
A&P And Waldbaum’s Banners Sold To American Legacy Brands
A&P, The Great Atlantic & Pacific Tea Co., and Waldbaum’s supermarket banners have been sold to American Legacy Brands (ALB) of Brooklyn, New York, The Shelby Report has learned. ALB, an undisclosed buyer at the time, purchased the assets of the two brands in June 2018. The sale involved all intellectual property assets, which included web URLs and logos. […]
Posted inHome Page Latest News, Northeast
New York Acme Markets Shopping Center Sold For $12M
A property company in Greenwich, Connecticut, Urstadt Biddle Properties Inc., has acquired Lakeview Plaza Shopping Center in the town of Southeast in Putnam County, New York, for $12 million. Lakeview is a 177,000-s.f. shopping center anchored by a 54,000-s.f. Acme Markets. The property consists of five buildings on a 23-acre site located on Route 22, […]
Posted inOnline Grocery Technology, Home Page Latest News, Industry News, National
Dumac Acquires POS Solutions Provider Total Retail Solutions
Dumac Business Systems Inc. has acquired Total Retail Solutions (TRS), a provider of point of sale and loss prevention solutions to independent grocers. TRS supports approximately 400 supermarkets in Louisiana, Arkansas, Mississippi and Tennessee. All TRS customers and most of its employees will transition to Dumac. “TRS and Dumac are comparable and compatible companies. We […]
Posted inRaley's, C-Store News, Home Page Latest News, Store News, West
Raley’s To Sell 13 Aisle 1 Fuel Stations To Anabi Oil
Raley’s plans to sell its 13 Aisle 1 fuel stations to Anabi Oil, a Southern California family business and c-store operator. Anabi Oil is prepared to assume operations of the fuel stations as of early 2019, under the name Aisle 1. The deal will make Anabi’s Aisle 1 locations and Raley’s exclusive fuel partners. The fuel stations are […]
Posted inHealth & Wellness, Corporate Store News, Home Page Latest News, Nonfood Items, Northeast
CVS Aims To ‘Transform Healthcare’ With Completion Of Aetna Acquisition
CVS Health has completed its acquisition of Aetna. “Today marks the start of a new day in healthcare and a transformative moment for our company and our industry,” said CVS Health President and CEO Larry J. Merlo. “By delivering the combined capabilities of our two leading organizations, we will transform the consumer health experience and build […]
Posted inSnacks Brands, Amazon Fresh, Center Store, Grocery News, Health & Wellness, Home Page Latest News, Southwest, Specialty, Suppliers, Whole Foods
San Antonio’s ArchPoint Group Acquires Watusee Foods
San Antonio, Texas-based ArchPoint Group, a global products and professional services company, has acquired Watusee Foods, which produces clean-label, limited-ingredient snack foods. According to ArchPoint, this acquisition aligns with its new business strategy of investing in “in small brands with great opportunity and bringing them to market with strong cross-functional expertise in sourcing, sales, warehousing, […]
Posted inMidwest, Home Page Latest News, Independent Store News, Store News, Wholesaler/Distributor News
SpartanNash To Expand Into New Markets With Martin’s Deal
SpartanNash, a Grand Rapids, Michigan-based grocery wholesaler and food retailer, has signed an agreement to acquire Martin’s Super Markets in South Bend, Indiana, the companies announced Nov. 20. Martin’s is a family-owned and -operated Midwest independent supermarket chain. With the acquisition of Martin’s, SpartanNash will expand its corporate retail footprint into markets adjacent to its […]
Posted inHome Page Latest News, Corporate Store News, Grocery News, Health & Wellness, Nonfood Items, Northeast
QuickChek Transferring Prescription Records To CVS Pharmacy
New Jersey-based c-store operator QuickChek Corp. has entered into an agreement to transfer its prescription records to CVS Pharmacy. QuickChek has 159 convenience market locations throughout New Jersey, New York’s Hudson Valley and Long Island, including 10 stores with pharmacy and 75 with fuel. The move will allow QuickChek to further concentrate on its core convenience business and continue its […]
Posted in, Home Page Latest News, Northeast, Store News
Giant Food Stores To Acquire Five Shop ‘N Save Stores
Giant Food Stores has entered into an agreement with Supervalu Inc., a newly acquired subsidiary of United Natural Foods (UNFI), to acquire five corporate-owned Shop ‘n Save locations. Upon completion of the sale, Giant plans to convert the Shop ‘n Save stores into Martin’s Food Markets. The following stores are part of the sale: 22401 Jefferson […]
Posted in, Home Page Latest News, Northeast, Suppliers
Conagra Brands Completes Acquisition Of Pinnacle Foods
Conagra Brands Inc. has completed its acquisition of Pinnacle Foods. The closing of the transaction follows the approval of Pinnacle Foods’ shareholders and satisfaction of all terms and conditions. Through the acquisition, Conagra Brands adds a number of well-known brands to its portfolio, including Birds Eye, Duncan Hines, Earth Balance and Vlasic, as well as emerging brands, such as Gardein, Glutino, Udi’s, Wish-Bone and Evol, among others. […]
Posted inStore News, Home Page Latest News, West
Eureka, California, Safeway Store Sold For $11.4M
A Safeway grocery store in Eureka, California, has sold for $11.4 million, according to NAI Northern California, the Bay Area office of NAI Global, a commercial real estate brokerage network. NAI Northern California EVP Doug Sharpe represented the buyer, who purchased the property for less than the asking price. “Opportunities such as these come infrequently: great location, […]
Posted in, Home Page Latest News, National, Wholesaler/Distributor News
Supervalu Stockholders Approve United Natural Foods Merger
At a special meeting of stockholders held Oct. 18, stockholders of Supervalu Inc. approved the proposed acquisition of Supervalu by United Natural Foods Inc. (UNFI). It was announced in July that UNFI and Supervalu had entered into a definitive agreement under which UNFI would acquire Supervalu for $32.50 per share in cash, or approximately $2.9 billion, including the assumption of outstanding […]
Posted inGrocery News, Center Store, Home Page Latest News, Southeast, Suppliers
L.H. Hayward & Co. Acquires New Orleans-Based Gulf Coast Blenders
L.H. Hayward & Co., the 95-year-old packager of Camellia Brand beans, peas and lentils, has acquired Gulf Coast Blenders, a New Orleans-based company that produces dry ingredient blends and mixes. L.H. Hayward will take over operations for Gulf Coast Blenders effective immediately. The acquisition of Gulf Coast Blenders is part of L.H. Hayward’s ongoing efforts […]
Posted in, Home Page Latest News, Independent Store News, Midwest, Store News
B&R Stores Acquiring Iowa Location From Newman Family
B&R Stores is acquiring the Newman’s Thriftway store in Glenwood, Iowa, and will convert it to a Russ’s Market. B&R operates several banners aside from Russ’s Market, including Super Saver and Apple Market. The Glenwood store will be the 20th location for the company. “B&R Stores expanded into the state of Iowa in 1993 with […]
Posted inSoutheast, Home Page Latest News, Store News
Schnuck Markets To Acquire 19 Shop ‘N Save Stores From Supervalu
Supervalu Inc. has entered into a definitive agreement to sell 19 of its 36 Shop ‘n Save grocery stores, primarily located in the St. Louis, Missouri, area, to Schnuck Markets Inc. The transaction is planned to occur with a staggered close process expected to finish by late October 2018, subject to customary closing conditions. As […]
Posted inHealth & Wellness, Grocery News, Home Page Latest News, Southeast, Store News
Walgreens To Purchase Fred’s Pharmacies Patient Files For $165M
Walgreens and Fred’s Inc. have entered into a definitive asset purchase agreement under which Walgreens will acquire pharmacy patient prescription files and related pharmacy inventory of 185 Fred’s stores located across 10 Southeastern states for approximately $165 million. “This agreement increases patient access to Walgreens pharmacies in the Southeastern U.S., and allows us to introduce […]
Posted inMeat/Seafood/Poultry, Grocery News, Northeast, Perishables
Premium Brands Holdings Ready To Buy Maine’s Ready Seafood Co.
Premium Brands Holdings Corp., a Canadian producer, marketer and distributor of branded specialty food products, plans to purchase Ready Seafood Co. of Portland, Maine. Ready was founded in 2004 by brothers John and Brendan Ready and has grown from a small startup to a major processor, distributor and marketer of lobsters in the U.S. It has three production […]
Posted inDeli News, Equipment & Technology, Grocery News, Home Page Latest News, Industry News, Perishables, Suppliers, West
Stir Foods And Pacifica Foods Acquires Sabra’s Salsa Business
Stir Foods and Pacifica Foods (Stir-Pacifica), a custom manufacturer of soups, sauces, dressings and fresh salsas for both retail and foodservice customers, has acquired Sabra Dipping Co.’s salsa business, based in Oceanside, California. The acquisition includes the Santa Barbara and Chachies brands, which will continue to be produced at the Oceanside facility, and the Sabra […]
Posted in, Giant Food, Home Page Latest News, Independent Store News, Northeast, Store News
Darrenkamp’s Closing Its Four Pa. Stores After 86 Years
Family-owned grocer Darrenkamp’s, which was founded in 1932 in Lancaster, Pennsylvania, is closing down, the company announced Sept. 4. Three of its stores—in Elizabethtown, Etters and Mt. Joy—will be shuttered, while its Willow Valley Square store in Lancaster is being sold to Giant Food Stores LLC. The liquidation process will begin immediately, Darrenkamp’s said, with […]