Tag: mergers & acquisitions
Foster acquires Greenville Produce
- General News
At Foster, we take great pride in bringing people and food together, and we could not be prouder than to announce that we are welcoming the Greenville Produce team into our Foster360 family.
Lipman Family Farms acquires Northeast distributor
- General News
Lipman Family Farms, a leading integrated network of growers, fresh-cut processors, and distributors of fresh produce, proudly announces its strategic expansion with the acquisition of Northeast Produce.
Dole plc sells Progressive Produce for $120MM
- General News
Dole plc has today announced that it has reached an agreement to sell its 65% equity stake in Progressive Produce LLC to PTF Holdings, LLC, the parent company of Pacific Trellis Fruit, LLC.
FTC sues to block Kroger’s Acquisition of Albertsons
- Featured
The largest supermarket merger in U.S. history will eliminate competition and raise grocery prices, while harming tens of thousands of workers, FTC alleges.
Driscoll’s acquires Australian produce firm
- General News
As a critical strategic partner, Driscoll’s is part of an experienced North American based consortium led by Paine Schwartz Partners and including British Columbia Investment Management Corporation that has completed the purchase of Costa Group, Australia’s leading grower, packer and marketer of fresh fruit and vegetables.
Report: FTC lawsuit expected in Kroger-Albertsons deal
- Featured
A lawsuit to block the merger is expected before a February 28 deadline between the FTC and the companies expires, according to the report.
Colorado Attorney General files lawsuit to block Kroger-Albertsons merger
- Retail
After a yearlong investigation, Colorado Attorney General Phil Weiser today filed a lawsuit in Denver District Court to block the $24.6 billion proposed merger between Kroger and Albertsons, two of the largest supermarket chains in Colorado.
US Foods announces acquisition in quarterly report
- General News
US Foods Holding Corp., one of the largest foodservice distributors in the United States, today announced results for the fourth quarter and full fiscal year 2023.
Grocery Outlet to acquire Southeast discount retailer
- Retail
Grocery Outlet Holding Corp. today announced that it has agreed to acquire United Grocery Outlet ("UGO"), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management.
Wholesale Produce Supply acquires Twin Cities processor
- General News
Wholesale Produce Supply LLC, a leading fresh produce logistics and inventory management solutions provider and a portfolio company of Cross Rapids Capital LP, is pleased to announce its acquisition of the assets of G.O. Corporation I, a respected processor of fresh cut produce.