In November, leading houseware brands Spectrum Diversified Designs and ICI USA (Tovolo) merged their businesses in an effort to create a company that will deliver more value and creative product solutions for housewares retailers, the companies say. ICI’s knowledge of kitchen tools, gadgets and food prep, combined with Spectrum’s knowledge of storage and organization items […]
Tag: mergers and acquisitions
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, […]
Posted inMarketing News, Home Page Latest News, Industry News, Southwest
Aisle 9 Retail Sells Assets To Marketing Management
Aisle 9 Retail Inc., a sales and marketing agency for emerging consumer package goods (CPG) in the grocery retail channel, has sold its assets to Marketing Management Inc. in an effort to “create a new, more resourceful company for clients.” The new entity established by Marketing Management Inc. is MMI Emerging Solutions LLC d/b/a Aisle […]
Posted inProduce News, Home Page Latest News, Suppliers, West
POM Wonderful Acquires Pomegranate Company Ruby Fresh
POM Wonderful, a grower and producer of California pomegranates, pomegranate arils and pomegranate juice, has acquired Ruby Fresh, a processor and distributor of fresh pomegranates and arils. This acquisition, combined with existing operations, “enhances POM Wonderful’s position as North America’s leading pomegranate producer and distributor,” says the company. The Ruby Fresh brand, which leverages both […]
Posted in, Amazon Fresh, Home Page Latest News, National, Store News, Whole Foods
UPDATED: Amazon/Whole Foods Merger Will Close Monday; Industry Leaders Respond
Updated 8/25/17 11:36 a.m. Amazon’s acquisition of Whole Foods Market will close on Monday August 28, 2017, and the two companies will “together pursue the vision of making Whole Foods Market’s high-quality, natural and organic food affordable for everyone.” Whole Foods Market will offer lower prices starting Monday on a selection of best-selling grocery staples […]