Latest news with #SpartanNash
Bloomberg
7 hours ago
- Business
- Bloomberg
Grocer C&S Kicks Off $400 Million Loan Sale for SpartanNash Deal
C&S Wholesale Grocers Inc. is looking to raise $400 million from a leveraged loan sale to help finance its $1.77 billion acquisition of food distributor SpartanNash Co. A lender call for the five-year offering, which was first reported by Bloomberg earlier this month, kicked off at 11 a.m. New York time Wednesday. Investors have until Aug. 5 to submit orders for the deal, according to a person with knowledge of the matter who asked not to be identified.
Associated Press
05-07-2025
- Business
- Associated Press
SPARTANNASH INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of SpartanNash Company
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Jul 4, 2025-- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed sale of SpartanNash Company (NasdaqGS: SPTN) to C&S Wholesale Grocers, LLC. Under the terms of the proposed transaction, shareholders of SpartanNash will receive $26.90 in cash for each share of SpartanNash that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( [email protected] ) toll free at any time at 855-768-1857, or visit to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn View source version on CONTACT: Kahn Swick & Foti, LLC Lewis S. Kahn, KSF Managing Partner [email protected] 855-768-1857 KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA NEW YORK INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL SOURCE: SpartanNash Company Copyright Business Wire 2025. PUB: 07/04/2025 05:59 PM/DISC: 07/04/2025 05:59 PM
Business Wire
04-07-2025
- Business
- Business Wire
SPARTANNASH INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of SpartanNash Company
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed sale of SpartanNash Company (NasdaqGS: SPTN) to C&S Wholesale Grocers, LLC. Under the terms of the proposed transaction, shareholders of SpartanNash will receive $26.90 in cash for each share of SpartanNash that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( toll free at any time at 855-768-1857, or visit to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit
Miami Herald
27-06-2025
- Business
- Miami Herald
The Friday Checkout: Distributor disruption signals an evolving industry
C&S Wholesale Grocers' announcement this week that it has agreed to take over SpartanNash is more than just another development on the M&A front. It's a reminder that the distribution sector is undergoing fundamental shifts that are poised to ripple across the industry. Like supermarket companies, grocery distributors benefit from scale, as C&S and SpartanNash made clear when announcing their deal. The companies are positioning their merger as a way to bring down grocery costs, noting that the efficiencies they stand to gain by coming together will allow them - and the grocers they serve - to become more competitive. They also described their deal as a way to help alleviate food deserts and improve people's access to pharmacies. News of that deal came on the heels of a cyberattack that brought fellow distributor UNFI to a standstill. UNFI said Friday it has resumed taking online orders, but the disruption brought home in a very public way the fact that grocers depend heavily on large distributors to keep their shelves stocked. UNFI, C&S and SpartanNash are all confronting a future where scale, security and efficient operations are paramount for success. C&S's move to bolster its operations by combining with SpartanNash reflects a laudable goal of helping strengthen a grocery supply chain that has shown itself to be surprisingly fragile. The question now is whether the two companies will be able to deliver on that promise. In case you missed it Grocery trade groups endorse bill that would block SNAP/EBT fees The National Grocers Association and FMI - The Food Industry Association both announced this week that they support proposed congressional legislation that would prohibit state-imposed processing fees on Supplemental Nutrition Assistance Program (SNAP) electronic benefit transactions. The bipartisan measure would make permanent a ban on the fees that was part of the 2018 Farm Bill. The legislation, known as the EBT Act, is intended to ensure that retailers are responsible only for their own costs as the federal government updates the technology used to process SNAP EBT transactions. "The EBT Act is a necessary and common-sense solution to protect community-based retailers from new swipe fees that could compromise their ability to provide SNAP benefits and threaten food access in low-income areas, Stephanie Johnson, group vice president for government relations at NGA, said in a statement. Grocery data-analysis firms merge Data analytics company SPINS has acquired pricing and promotions specialist Datasembly, the companies announced on Tuesday. Terms of the deal were not disclosed. The combination will unite the real-time pricing, promotion and assortment information Datasembly collects with the product and category data gathered by SPINS, which focuses on the wellness-focused CPG sector, the companies said in a press release. Big Y to provide employees' tuition benefits for employees The New England grocery chain announced Thursday that it will provide its workers with tuition benefits at the University of Phoenix as part of an agreement it reached with the university. Eligible curriculum at the online college for Big Y employees includes select business-related programs. The partnership also provides college credit for "relevant life experience and the opportunity to learn in-demand skills that can positively impact career trajectories," Big Y said in a press release. Impulse find Aldi starts them young Aldi commemorated Father's Day on its LinkedIn page with a photo of a father and infant son in matching outfits. What was the duo wearing? Personalized Aldi polos, of course. Carl, a store manager based in the discounter's Tully, New York, division, was featured on Aldi's page alongside his seven-week-old son, Carl (yes, their names match just like their polos). After 13 years in the grocery industry, Dad Carl took parental leave and commemorated his first day back on the job by dressing up his son in the same Aldi uniform he wears. "To say it was tough to go back after 7 weeks is an understatement, but I'm glad to be back with a routine in place. So everyone, meet Baby Carl. Future ALDI [team member]!" Dad Carl said in the LinkedIn post. The post underscores how Aldi is finding ways to bring more heart and personality to its social media presence. Copyright 2025 Industry Dive. All rights reserved.
Yahoo
26-06-2025
- Business
- Yahoo
Mapping C&S and SpartanNash's combined footprint
This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. The grocery industry is on the brink of seeing a new distribution company with a nationwide reach. On Monday, C&S Wholesale Grocers announced plans to acquire SpartanNash in a $1.77 billion deal that is expected to close by the end of this year. The companies each operate a distribution network that spans multiple regions, as well as regional grocery banners and private label lines. The companies have positioned the merger as an opportunity to gain leverage over 'extremely large global grocers in the U.S. food-at-home space,' and they aim to do so by bringing together distribution facility portfolios that stretch across different regions of the U.S. and only overlap in three states. If given the green light to combine, the merged companies will serve nearly 10,000 independent retail locations, according to Monday's announcement. C&S has a distribution presence in 15 states, with facilities as well as offices along the West Coast, in the Northeast and across multiple Hawaiian islands. Meanwhile, SpartanNash's 14 distribution centers are primarily concentrated in the Midwest, with centers in southern and southeastern states, as well. States where C&S and SpartanNash operate distribution facilities This embedded content is not available in your region. Texas, Florida and Maryland are the only states where the companies both have distribution facilities out of the nearly 30 states where they collectively operate. C&S and SpartanNash's grocery retail footprints tell a similar story. SpartanNash operates close to 200 supermarket locations across a dozen grocery banners in 10 states, including Family Fare, Martin's Super Markets and D&W Fresh Market, per the company's website. C&S's company-operated retail business is smaller, consisting of stores across the Piggly Wiggly and Grand Union Supermarkets banners. C&S, which acquired Piggly Wiggly Midwest in 2021, would not confirm how many Piggly Wiggly stores it operates. SpartanNash's retail footprint This embedded content is not available in your region. C&S was part of a consortium of investors that, early this year, acquired roughly 170 Winn-Dixie and Harveys Supermarket stores from Aldi. C&S lost out on the ability to gain hundreds of grocery stores in the failed Kroger-Albertsons merger. The merger with SpartanNash, however, could help C&S to step up its retail presence with little worry about store overlaps that might draw regulatory scrutiny. Recommended Reading Number Sense: C&S's planned acquisition of SpartanNash could mean smooth scaling for the distributors Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
