Spartan Stores to Acquire VG’s

Spartan Stores said yesterday it has agreed to acquire VG’s Food Center and VG’s Pharmacy, a 17-store operator based in Fenton, Mich., that is Spartan’s largest distribution customer.

GRAND RAPIDS, Mich. — Spartan Stores here said yesterday it has agreed to acquire VG’s Food Center and VG’s Pharmacy, a 17-store operator based in Fenton, Mich., that is Spartan’s largest distribution customer. Terms were not disclosed. Spartan said the purchase, scheduled to close near the end of the company’s current fiscal quarter, would boost its annual retail division sales by $310 million, and boost overall consolidated sales by $160 million. The company expects the acquisition to have

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