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Mergers and acquisitions

Walmart

Walmart moves to buy out Massmart in South Africa

 By Christine LaFave Grace on Aug. 29, 2022

The retailer has proposed acquiring outstanding shares of 400-store Massmart and taking the company private in a bid to stay ahead of Amazon in Africa.

Retailers

Food City to Acquire Cooke’s Grocery Stores

 By Diane Adam on Aug. 25, 2022

The Abingdon, Virginia-based retailer said it plans to retain the Cooke’s/Fresh n’ Low names and operate both formats of the Tennessee-based chain in a similar fashion for the immediate future.

Industry Partners

Deal or No Deal? Grubhub CEO Downplays Talk of Sale

By Joe Guszkowski on Jun. 30, 2022

After Grubhub reportedly saw interest from grocery private-equity power player Apollo Global Management as well as the company's founder, current CEO says all options remain on the table.

Walmart

Walmart Takes Majority Stake in Symbotic

By Christine LaFave Grace on Jun. 21, 2022

The retailer last month expanded its partnership with warehouse automation specialist Symbotic, which will see its tech implemented in all 42 of Walmart's regional distribution centers.

Retailers

The Scan: Friday, June 17, 2022

By WGB Staff on Jun. 17, 2022

This week we're scanning a strong first quarter for Kroger, some notable grocery M&A activity, new stores and new markets for Grocery Outlet and BJ's Wholesale Club, and a big scale-back for another instant delivery startup.

Retailers

Apollo Funds to Acquire Cardenas Markets

By Kristina Hurtig on Jun. 14, 2022

Once the deal is completed, Cardenas will be combined with Tony’s Fresh Market, which Apollo acquired in April; the companies will continue to operate under their respective brands and local leadership.

Retailers

SpartanNash Buys Three-Store Michigan Grocery Chain

By Christine LaFave Grace on Jun. 14, 2022

Shop-N-Save Food Centers was a longtime SpartanNash distribution customer; SNS stores have been rebranded as Family Fare locations.

Retailers

Cardenas Markets to Acquire 6 Rio Ranch Market Stores

By Kristina Hurtig on Jun. 09, 2022

The deal, expected to close by mid-July, will expand Cardenas' presence in Southern California.

CPG

Bolthouse Farms to Acquire Starbucks Juice Brand

By Jonathan Maze on May 25, 2022

The purveyor of functionality-focused beverages (and carrots) said the acquisition of Starbucks' Evolution Fresh brand extends its commitment to offering "high-quality, nutrient-dense juices."

Retailers

South American Retail Conglomerate to Take Majority Stake in The Fresh Market

By Christine LaFave Grace and Kristina Hurtig on May 11, 2022

Cencosud, with funds managed by an Apollo Global Management affiliate, will acquire a 67% stake in The Fresh Market Holdings, which operates 160 grocery stores in 22 states.

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