Mergers and acquisitions

Retailers

Sobeys to Acquire Majority Share of Longo’s

Empire Co. Ltd., the holding company for Canada’s second-largest national grocery chain Sobeys, has reached an agreement to acquire 51% of Longo Brothers Fruit Markets Inc. and its Grocery Gateway e-commerce business.

Retailers

The Fresh Market Eyes an IPO

After five years in private hands and with an operating turnaround bearing fruit, the specialty fresh merchant has begun to seek a return to a public listing.

Basket Economics: A comprehensive reset, an unpredictable environment and, for the time being, an attractive stock price raise speculation around a Sprouts acquisition.

Gelson’s Markets of Encino, Calif., has entered into a definitive agreement with Pan Pacific International Holdings that will allow the global retailer to acquire Gelson’s from TPG Capital.

A Rensselaer County executive says the Price Chopper-Tops merger provides an opening for a new grocer in New York's Capital Region, but Wegmans isn’t taking it at this time.

Basket Economics: Business realities smooth over differences as long-standing New York regional independents prepare to join forces.

The deal unites regional neighbors long in search of additional scale; Price Chopper's Scott Grimmett to oversee combined headquarters in Schenectady, N.Y.

A former Bi-Lo in Cayce, S.C., and a Harveys in Tifton, Ga., are the first of as many as 62 new Food Lion stores coming to the Carolinas and Georgia as a result of last year's acquisition.

The Canadian c-store operator has made a "friendly" $20 billion merger proposal to the French supermarket giant.

Deal between supply chain management software firms unites established industry player with counterpart bringing on e-commerce fulfillment.

  • Page 5