GROCERS SUPPLY TO ACQUIRE FIESTA MART; EXPANSION SEEN

HOUSTON -- Grocers Supply here last week said it would purchase its largest retail customer, Fiesta Mart, in a move observers said would retain business for the distributor while positioning Fiesta Mart for further expansion throughout Texas.Terms of the acquisition, which requires approval from Fiesta shareholders, were not disclosed. Grocers Supply is the nation's 13th largest grocery wholesaler

HOUSTON -- Grocers Supply here last week said it would purchase its largest retail customer, Fiesta Mart, in a move observers said would retain business for the distributor while positioning Fiesta Mart for further expansion throughout Texas.

Terms of the acquisition, which requires approval from Fiesta shareholders, were not disclosed. Grocers Supply is the nation's 13th largest grocery wholesaler with 2003 sales estimated at $1.5 billion, according to SN's Top 75. Houston-based Fies

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