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acquisition

Food Lion to acquire 62 stores

Food Lion to acquire 62 stores

SALISBURY, N.C. — Food Lion has agreed to buy 62 BI-LO/Harveys Supermarket stores in North Carolina, South Carolina and Georgia from Southeastern Grocers, the company said on Wednesday. “We are so excited to add these new locations to our more than 630 stores across Georgia and the Carolinas,” said Food Lion President Meg Ham. “We’ve

Unilever strikes deal to buy Seventh Generation

Unilever strikes deal to buy Seventh Generation

LONDON — Consumer products giant Unilever plans to acquire eco-friendly household and personal care products maker Seventh Generation Inc. Financial terms of the agreement weren’t disclosed. Unilever said completion of the transaction is pending regulatory approvals. Unilever described Burlington, Vt.-based Seventh Generation as a “pioneer in corporate responsibility and sustainable product innovations,” including plant-based detergents

Apollo Global Management acquires the Fresh Market

Apollo Global Management acquires the Fresh Market

GREENSBORO, N.C.  — The Fresh Market Inc. announced Monday that it had agreed to be acquired by Apollo Global Management LLC  for about $1.36 billion. Last year the Fresh Market had said it was considering strategic options, including a possible sale, and more recently published reports suggested that Kroger Co. was seeking to buy the

Albertsons buys small Idaho grocery chain

Albertsons buys small Idaho grocery chain

BOISE, Idaho – Albertsons Cos. has agreed to purchase and rebrand four Paul’s Market stores in Idaho. The stores, which will be converted to the Albertsons banner, are located in Homedale, Kuna, Boise and McCall, Idaho. Paul’s Market also announced that it will close its three other stores, which are located in Caldwell, Mountain Home