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SpartanNash completes acquisition of Fresh Encounter Inc., expanding retail footprint by 33%

SpartanNash completes acquisition of Fresh Encounter Inc., expanding retail footprint by 33%

10/14/24, 3:28 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svggrand rapids
Industry
grocery
retail
e commerce
SpartanNash, a food solutions company, has announced its acquisition of Fresh Encounter Inc., a 49-store supermarket chain serving Ohio, Indiana, and Kentucky. This acquisition expands SpartanNash's retail footprint by 33% and is consistent with the Company's strategic growth plans. Additionally, it will contribute toward the growth and earnings goals shared in the Company's 2025 long-term plan. With this acquisition, SpartanNash will continue to foster its People First culture and meet consumer needs across its wholesale and retail businesses.

Company Info

Company
SpartanNash
Location
Grand Rapids, Michigan, United States
Company info
SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. As a distributor, wholesaler and retailer with a global supply chain network, SpartanNash customers span a diverse group of national accounts, independent and chain grocers, e-commerce retailers, U.S. military commissaries and exchanges, and the Company’s own brick-and-mortar grocery stores, pharmacies and fuel centers. SpartanNash distributes grocery and household goods, including fresh produce and its Our Family® portfolio of products, to locations in all 50 states, in addition to distributing to the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar, Djibouti, Korea and Japan. To support its distribution business, the Company operates a strategically developed network of large-scale distribution facilities and a nationwide transportation fleet. In addition, the Company owns and operates 145 supermarkets – primarily under the banners of Family Fare, Martin’s Super Markets and D&W Fresh Market – and shares its operational insights to drive innovative solutions for SpartanNash food retail customers. Committed to fostering a People First culture, the SpartanNash family of Associates is 17,500 strong and growing. For more information, visit spartannash.com.
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