Supervalu to acquire Unified Grocers in $375 million transactionStaff Writer | April 11, 2017
Supervalu and Unified Grocers entered into a definitive merger agreement for Supervalu to acquire Unified Grocers.
Acquisition $114 million in cash for 100 percent of the stock
This transaction will bring together two highly complementary grocery wholesale organizations with combined sales of approximately $16 billion in 2016.
Together, Supervalu and Unified operate 24 distribution centers supplying customers in 46 states and serve a combined customer base of over 3,000 stores.
The combined company will be uniquely positioned to efficiently serve a broad range of independent customers and offer a diverse array of value added services, helping customers compete in an increasingly demanding grocery environment.
The acquisition also provides new growth opportunities across multiple geographies, including the expansion of Unified’s Market Centre division, a growing business providing specialty and ethnic products to independent customers. ■