FTC intensifies challenge to Kroger-Albertsons merger, citing concerns about buyer's ability to manage divested stores
Acquiring Company
C&S Wholesale Grocers
Acquired Company
Kroger and Albertsons
Description
The Federal Trade Commission (FTC) has intensified its challenge to the Kroger-Albertsons merger, raising concerns about the buyer, C&S Wholesale Grocers, and its ability to effectively manage nearly 600 divested stores, fuel centers, and pharmacies. The FTC highlights C&S's limited retail experience and past struggles with store divestitures, signaling a difficult task to prove the merger serves consumer interests and fair competition.
Other recent acquisitions in Grocery and Retail
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Alimentation Couche-Tard to acquire Hutchinson Oil Company's Hutch's convenience stores (November 12, 2024)
- SiteOne Landscape Supply, Inc. completes acquisition of OakStreet Wholesale Nursery to strengthen its presence in the Dallas market (December 16, 2024)
- SPAR Group, Inc. set for acquisition by Highwire Capital (December 11, 2024)
- Icon Luxury Group and CP Brands Group complete acquisition of Thomas Pink to elevate global presence (December 10, 2024)
- Tanger completes acquisition of The Promenade at Chenal to expand its open-air retail portfolio (December 10, 2024)
- Ahold Delhaize to acquire Profi Rom Food SRL to strengthen presence in Romania (December 5, 2024)
Who to call at C&S Wholesale Grocers, and when
When C&S Wholesale Grocers changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day C&S Wholesale Grocers raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at C&S Wholesale Grocers, from your own LinkedIn network
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Frequently asked
Who acquired Kroger and Albertsons?
Kroger and Albertsons was acquired by C&S Wholesale Grocers. The deal was reported on November 1, 2024. C&S Wholesale Grocers is privately held.
When did C&S Wholesale Grocers acquire Kroger and Albertsons?
C&S Wholesale Grocers's acquisition of Kroger and Albertsons was reported on November 1, 2024. The Federal Trade Commission (FTC) has intensified its challenge to the Kroger-Albertsons merger, raising concerns about the buyer, C&S Wholesale Grocers, and its ability to effectively manage nearly 600 divested stores, fuel centers, and pharmacies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Kroger and Albertsons do?
Kroger and Albertsons are among the largest supermarket chains in the United States. They initially proposed spinning off 400 stores to mitigate antitrust concerns, later raising this number to nearly 600 and aiming to merge. It is privately held, operating in Grocery.
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