Spartan is acquiring Nash Finch in an all-stock purchase; Family Fresh is one of Nash Finch's banners.
GRAND RAPIDS, Mich. — Spartan Stores here jumped on the merger bandwagon last week with the surprise announcement that it would acquire its much larger wholesale rival, Nash Finch Co., for about $1.3 billion. The proposed transaction follows on the heels of Kroger Co.’s bid for Harris Teeter Supermarkets and the Cerberus-led acquisition of Albertsons from Supervalu, plus two mega-deals in Canada that will combine Safeway Canada with Sobeys and Loblaw with Shoppers Drug ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.