Tag: mergers and acquisitions
Southeastern Grocers divests Fresco y Más, expects Aldi merger completion in first half of 2024
- Retail
SEG will continue to operate its Harveys and Winn-Dixie grocery stores in the normal course of business until the transactions are completed.
Bayer acquisition expands its fruits and vegetables business to strawberries
- General News
Bayer has entered an agreement with UK-based NIAB to acquire their strawberry pipeline and commercial portfolio / Focus on large-scale professional strawberry growers.
Reports: C&S in talks to acquire Kroger/Albertsons divestitures
- Retail
An estimated 400 stores are expected to be divested in Kroger and Albertsons’ $24.6 billion deal, worth up to $2 billion.
Fruit breeder IFG acquired by European firm
- General News
International Fruit Genetics will merge with AMFRESH’s SNFL Group to create a new global breeding entity: BLOOM FRESH International.
Save A Lot sells 18 remaining stores, completing wholesale conversion
- Retail
The remaining 18 company-operated locations in the St. Louis area are being acquired by Leevers Supermarkets, Inc., a current Save A Lot Retail Partner with 29 stores in markets including Denver, Colo. and Philadelphia, PA.
AgroFresh acquires Tessara, expanding post-harvest solutions portfolio
- General News
The acquisition expands AgroFresh's footprint in food waste reduction and freshness solutions for table grapes and berries and bolsters the organization's impact in growing regions in South Africa, China, Australia, and South America.
Pacific Coast Fruit acquires King Harvest Hummus
- General News
Pacific Coast Fruit Company’s distribution capabilities and King Harvest’s expertise in food manufacturing sets the stage for future growth and opportunities.
Produce brokerage Vertical Choice acquired by Sea to Sky Farms
- General News
Co-founded by former multi-national foodservice distributor sales executive specialist Jay Kallu and retail produce expert Andy Eustis, Vertical Choice partners with local growers to bring their produce to market.
Coborn’s expands to Illinois with acquisition
- Retail
The transaction, expected to close next month, includes 11 Sullivan’s Foods locations, a convenience store/gas station, and three Ace Hardware stores, according to media reports.
Rowe’s IGA Supermarkets acquired by Massy Stores USA
- Retail
The acquisition of Rowe's IGA, an independent supermarket chain with seven stores in Jacksonville, Florida, is aligned with the Massy Integrated Retail Portfolio's strategy to expand its retail footprint in the US market.