Empire closes acquisition of Farm Boy chain
In December, Empire Company Ltd., the parent of Sobeys Inc., finalized its $800 million (Canadian) deal to buy fellow Canadian grocer Farm Boy. Ottawa-based Farm Boy operates 26 stores in southeastern Ontario and specializes in local fresh produce and meat, offers a wide range of ready-to-eat food prepared in-store and features a strong private label program.
C&S to buy Olean grocery cooperative
C&S Wholesale Grocers Inc. plans to acquire regional distributor Olean Wholesale Grocery Cooperative Inc. Olean Wholesale serves more than 270 independent food retail and convenience stores across New York, Pennsylvania and northeastern Ohio.
Giant Eagle closes purchase of Ricker’s
Giant Eagle Inc. finalized its acquisition of Ricker Oil Co., boosting its convenience store and retail fuel business in Indiana. With the closing of the transaction, Giant Eagle adds 56 c-stores and fuel stations under the Ricker’s retail banner in metropolitan Indianapolis and Fort Wayne and across central Indiana.
SpartanNash to buy Martin’s Super Markets
In an expansion of its retail grocery business, food distributor SpartanNash Co. plans to acquire Indiana chain Martin’s Super Markets Inc. A wholesale customer of SpartanNash, Martin’s operates 21 stores, including 18 in northern Indiana and three in southwestern Michigan.
Lidl US to acquire Best Market
Lidl US is planting its foot squarely in the metropolitan New York market. The deep discount grocer, the U.S. arm of Germany-based Lidl, plans to buy 27 Best Market supermarkets in New York and New Jersey.
UNFI wraps up Supervalu acquisition
Schnucks to buy 19 Shop ‘n Saves from Supervalu
Metro wraps up acquisition of Jean Coutu Group
Metro Inc. closed its $4.5 billion (Canadian) acquisition of Quebec drug chain Jean Coutu Group, making Metro one of Canada’s largest food and drug retailers and distributors.
Walmart to sell Asda subsidiary to Sainsbury’s
Walmart sold Asda Group Ltd., its U.K. grocery subsidiary, to bigger rival J Sainsbury plc in a deal valued at £7.3 billion ($10.04 billion). Under the agreement, Walmart would hold 42% of the combined company, which would become the United Kingdom’s largest supermarket company, overtaking Tesco plc.
Walmart completes acquisition of India’s Flipkart
Walmart Inc. and Flipkart Group closed a $16 billion deal that makes Walmart the largest shareholder in Flipkart, with 77% of shares in the India-based e-commerce company.
Kroger wraps up sale of convenience store business
Kroger bites into meal kits with Home Chef acquisition
In a move reflecting how many busy Americans now look at mealtime, The Kroger Co. plans to acquire private meal kit company Home Chef in a deal valued at up to $700 million.