Mergers and acquisitions


Asda to acquire EG Group’s UK and Ireland business

The deal will allow Cumberland Farms parent EG Group to expand further in the U.S. and other markets, the retailer said.

Wholesalers & Distributors

KeHE Distributors to acquire DPI Specialty Foods

Specialty wholesaler expands western U.S. footprint and boosts fresh food, warehousing and logistics capabilities.

The meal-kit company and retail meal solutions provider have signed a non-binding letter of intent as Blue Apron moves to an “asset-light model” in the hope of achieving profitability.

Longtime grocery operator Richard Tully is leaving the industry. His store will be acquired by LF Kearny Supermarket, LLC, in a deal expected to close next month.

Center for Science in the Public Interest also joins “Stop the Merger” coalition.

Rodney McMullen also cites “numerous potential buyers” for divested stores in Bloomberg interview.

Union chief Marc Perrone cites a “lack of transparency” and the mega-deal’s potential impact on workers, communities and their families.

Supermarket mega-merger, now under regulatory review, faces more questions amid escalating opposition.

The St. Cloud, Minnesota-based grocer said it expects to close on the transaction early next month, adding the grocery stores, a c-store/fuel center and three ACE Hardware stores to its portfolio.

“Any theoretical competitive effects of the merger are neither known nor knowable when the scope of the merger has yet to be determined,” Kroger said in its filing, noting that the transaction remains under antitrust review.

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