Grocery News In Brief… Pinnacle Foods has named Mark A. Clouse CEO, effective May 23, replacing Bob Gamgort, who is leaving the company at the end of this month. Clouse also will serve on the company’s board of directors. Clouse currently is chief commercial officer at Mondelez International… There are some spots still available for […]
Tag: Acquisition
Posted in, Northeast
Hershey Acquires barkTHINS Snacking Chocolate, And More…
Convenience Store News In Brief… The Hershey Co. has purchased Ripple Brand Collective, a privately held company based in Congers, New York, that owns the barkTHINS snacking chocolate brand. Michele Buck, Hershey president, North America, said, “Since its launch in 2013, barkTHINS has quickly become a favorite snack brand due to its commitment to using […]
Posted in, Northeast
TravelCenters Of America Closes On Quaker Steak & Lube Purchase, And More…
Foodservice News In Brief… TravelCenters of America has completed the purchase of certain assets of Quaker Steak & Lube Restaurant for nearly $25 million. The assets purchased include 10 locations that will be operated as Quaker Steak & Lube by the TA Restaurant Group. The acquisition also includes 40 locations operated by franchisees or licensees. […]
Posted in, C-Store News, Home Page Latest News, Northeast
Pine State Trading Co. Sells C-Store Division To Core-Mark
Pine State Trading Co., a family-owned company comprised of five operating divisions, has entered into an agreement to sell substantially all of the assets of its convenience store division to Core-Mark Holding Co., one of North America’s largest and most successful marketers of fresh and broad-line supply solutions to the convenience retail industry. The transaction is structured as an all-cash asset […]
Posted in, Northeast
McCormick & Co. Buys Packaged Herbs Company Of Australia, And More…
New Channels News In Brief… McCormick & Co. has purchased Botanical Food Co., a privately held business based in Australia that manufactures and sells the Gourmet Garden brand of packaged herbs. Lawrence Kurzius, McCormick president and CEO, notes that Gourmet Garden exports its products to 15 countries with the largest market being the U.S. “We […]
Posted in, Home Page Latest News, Produce News, Suppliers, West
Wonderful Citrus Broadens Lime Business With Acquisitions
Wonderful Citrus, America’s largest integrated grower, shipper and packer of fresh citrus, has acquired I. Kunik Co., a distributor of Persian limes grown in Mexico, and purchased the operations of B&S Grupo Exportador, a supplier of Persian limes to the worldwide market. As part of the transaction, Wonderful Citrus also acquired nearly 2,000 acres of […]
Posted in, Center Store, Home Page Latest News, Marketing News, National
Acosta To Acquire Ignite Sales Management
Acosta, a leading full-service sales and marketing agency in the consumer packaged goods industry, is acquiring Ignite Sales Management in Minnetrista, Minnesota. “Ignite is an expert in helping manufacturers build and grow profitable brands and a long-standing business partner of Acosta,” said Acosta President and CEO Robert Hill. “By combining the strengths of both organizations, we […]
Posted in, Northeast
C&S To Acquire Hawaii-Based Foodservice Company
In one of its first foodservice purchases, C&S Wholesale Grocers, through its subsidiary Hawaiian Housewares Ltd., has signed an agreement to acquire the operations of Edsung Foodservice Co. of Honolulu, Hawaii. The sale is expected to close in late April, at which point the Edsung business will be consolidated into the Hansen Distribution Group, a division of […]
Posted in, Home Page Latest News, Northeast
Ahold, Delhaize Shareholders Approve Proposed Merger
Ahold shareholders on Monday overwhelmingly approved the company’s proposal to merge with Delhaize Group, parent of the Food Lion and Hannaford grocery chains in the U.S. Ahold shareholders voted at a meeting in Amsterdam. The meeting was attended by 129 shareholders, representing approximately 869 million shares. In a separate meeting in Brussels on Monday, Delhaize […]
Posted in, Albertsons, Home Page Latest News, Independent Store News, Southwest, Store News
Seven Lawrence Bros. Stores In Texas, New Mexico Going To The United Family
Albertsons-owned The United Family plans to acquire seven Lawrence Bros. Co. stores in West Texas and New Mexico. Lawrence Bros. will still own and continue to operate stores in 17 markets. The Texas stores are located in Abilene, Breckenridge, Clyde, Seminole and Seymour. The New Mexico stores are in Roswell and Ruidoso. The transitions are […]
Posted in, Northeast
US Foods Acquiring Cara Donna Provision Co.
US Foods is acquiring Cara Donna Provision Co., a wholesale distributor of food and food-related products to restaurants and foodservice customers throughout New England. The transaction is expected to close March 4. Family owned for three generations, Cara Donna serves approximately 1,300 customers in Massachusetts, Rhode Island, New Hampshire, Maine and Connecticut. The Cara Donna […]
Posted inStore News, Independent Store News, West
Nugget Markets To Acquire Two Sonoma County Stores
Nugget Markets, the 15-store grocery chain in Northern California’s Sacramento, Yolo, El Dorado, Placer, Solano and Marin counties, plans to acquire Sonoma Market and Glen Ellen Village Market, both in Sonoma County. The purchase is expected to close on March 31. “It is an honor and a privilege to be given the opportunity to acquire […]
Posted in, Northeast
Kettle Cuisine Buys Florida-Based Chef Creations, And More…
Foodservice News In Brief… Kettle Cuisine of Lynn, Massachusetts, has purchased Chef Creations of Orlando, Florida, which produces wholesale soups and sauces for restaurants and retail operations. The plant operations will be shifted to Boston in July, and many of the Orlando plant staffers face layoffs. Kettle Cuisine focuses on soups and chowders for mainly […]
Posted in, Northeast
Tasty Burger Opens Fifth Location In Greater Boston, And More…
Foodservice News In Brief… With five locations in the Boston area and more in the works in and outside Massachusetts, Tasty Burger recently opened a new restaurant in Dudley Square in Roxbury, Massachusetts. Tasty Burger officials describe all the locations as having “outstanding fresh ingredients cooked to order in an incredibly fun, laid back atmosphere.” […]
Posted in, Northeast
Key Food Stores, Allegiance Retail Services Buy Banners From A&P
Key Food Stores, a supermarket co-operative with 217 stores, has acquired the SuperFresh banner name and related intellectual property assets from A&P. Key Food plans to open several stores under the SuperFresh banner in the near future, the first of which may debut as early as this month. Key Food recently purchased 24 stores from A&P, […]
Posted in, Corporate Store News, Executive News, National
Family Dollar’s Levine Leaving With Dollar Tree Integration Complete
Dollar Tree said Friday that Howard R. Levine has completed his role in the integration of Family Dollar and Dollar Tree and is stepping down as an officer of the company, effective Jan. 15. On July 6, 2015, Dollar Tree completed its acquisition of more than 8,200 Family Dollar stores across 46 states. The company […]
Posted in, Northeast
Giant Food Stores To Acquire Nell’s Shurfine In Carlisle From C&S
Giant Food Stores has entered into an agreement with C&S Wholesale Grocers to acquire the Nell’s Shurfine Market at 951 Walnut Bottom Road in Carlisle, Pennsylvania. The acquisition, expected to be completed by the beginning of March, will mark the second Giant location in Carlisle. The 51,800-s.f. store plans to close temporarily Feb. 28 for […]
Posted in, Albertsons, Store News, West
Safeway Acquires Former Fresh & Easy Store In San Jose
Safeway has acquired a former Fresh & Easy store in Willow Glen Village Shopping Center at 1489 Bird Avenue in San Jose, California. The 23,200-s.f. vacant building will transform into a new Safeway, with construction beginning in the spring and a grand opening slated for summer 2016. “We are excited to open a second location […]
Posted in, Northeast
Gulf Oil Officially Sold To ArcLight Capital Partners’ Affiliate
ArcLight Capital Partners, a Boston-based private equity firm focused on energy infrastructure investments, has officially purchased Gulf Oil from Cumberland Farms. The purchase was conducted through Chelsea Petroleum Products Holdings, an affiliate of ArcLight. The purchase was informally announced several months ago but was delayed until federal review. Gulf will maintain its headquarters in Massachusetts […]
Posted in, Northeast
Key Food Acquires Food Emporium Banner
Key Food Stores of Staten Island, New York, a supermarket co-operative with 217 primarily member-owned and corporate grocery stores, has acquired “The Food Emporium” banner name and related intellectual property assets from A&P. Currently, Key Food has four stores operating under The Food Emporium banner in New York. Key Food recently purchased 24 A&P stores, adding […]