Acosta Inc., a Jacksonville, Florida-based full-service sales and marketing agency, has appointed a new board of directors following the company’s successful recapitalization earlier this year. New appointees include members of the retail and consumer packaged goods (CPG) industry: Joe Crafton: Beginning as a partner in 1988, Crafton held a variety of leadership positions with Crossmark […]
Tag: Mark Gross
Posted in, Home Page Latest News, Industry News, Southeast, Wholesaler/Distributor News
Supervalu Completes Acquisition Of Associated Grocers Of Florida
Supervalu Inc. has completed the previously announced acquisition of Associated Grocers of Florida Inc. in a transaction valued at approximately $193 million. According to Supervalu, AG of Florida adds a dynamic grocery wholesaler to its growing national distribution network, with annual sales of approximately $650 million in its last fiscal year as estimated under Supervalu’s […]
Posted in, Home Page Latest News, Industry News, Southeast, Wholesaler/Distributor News
Supervalu To Acquire Associated Grocers Of Florida
Supervalu Inc. and Associated Grocers of Florida Inc. have entered into a definitive merger agreement for Supervalu to acquire Associated Grocers in a transaction valued at approximately $180 million. This transaction provides Supervalu with the ability to expand its operations into a new part of Florida as well as provides new opportunities to bring Supervalu’s products and services to Associated Grocers’ customer base in South Florida, […]