MILWAUKEE — Having failed to find a buyer for the company over the past 10 months, the owners of Roundy’s Supermarkets here have decided to sell shares through an initial public offering to raise at least $230 million. Industry sources told SN they expect most of the money raised to be invested in the Chicago market, where Mariano’s Fresh Markets operates four stores. “To sell a company you need a growth vehicle, and for Roundy’s, Mariano’s has got ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.