Tag: mergers and acquisitions

Rio Ranch Market will gradually be integrated into Cardenas Markets’ operations while continuing to offer the best shopping experience to the communities where they operate.

Chilean grocery investment firm Cencosud has reportedly acquired a 67 percent stake in The Fresh Market from Apollo Global Management.

A large selection of fresh produce, extensive multicultural offerings and a wide range of prepared foods gives Tony’s a differentiated position in the market.

Subsole is the largest Chilean exporter of table grapes to the U.S., Europe and Asia. Other offerings include citrus, kiwis, avocados, cherries, pomegranates and to date, the company has shipped 10 million boxes of fruit to customers in more than 40 countries.

With the addition of The Save Mart Companies, Kingswood is expanding its existing Northern California presence. It already owns Alameda-based Cost Plus World Market, which it acquired in January 2021 from Bed Bath and Beyond, and Mare Island based Lind Marine, a diversified marine services business headquartered north of the San Francisco Bay, which it recapitalized in January 2022.

Ben E. Keith Foods will retain all current employees. Marco DiGiosia, a 25 year veteran of Ben E. Keith Foods, has been named General Manager.

Scott Grimmett, the current president and CEO of Price Chopper/Market 32, will lead the new parent company Northeast Grocery Inc.

Bashas’ will be a fully formed operating company within the Raley’s enterprise and will maintain its corporate headquarters, stores, and distribution center in Arizona.

Green Life Farms has completed its purchase of Finn Farms, a hydroponic grower located on Florida’s West Coast.