Acquiring Company
C&S Wholesale Grocers
Acquired Company
SpartanNash
Grand RapidsDescription
C&S Wholesale Grocers has announced its definitive merger agreement to acquire SpartanNash for $26.90 per share. The total consideration amounts to $1.77 billion, including assumed net debt. The merger aims to enhance service efficiency and affordability for grocery shoppers across the U.S. Both boards have unanimously approved the transaction.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed