French supermarket chain Casino Guichard Perrachon has said that its US unit Smart & Final has raised US$59m from the sale of foodservice operations in separate deals in Florida and California. Stockton, California-based Smart & Final announced on 19 August that it had agreed to sell its foodservice operations in California to Sysco Corp. On 8 August, the company announced a separate deal to sell its Florida foodservice operations to Gordon Food Service, reported Dow Jones International News.
FRANCE/USA: Casino's Smart & Final unit raises $59m from sale of assets
Get full access to all content, just $1 for 30 days
just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 20 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- Kraft Heinz's investor day – key takeaways
- Covid-19 – Four US suppliers on current trading
- Nestle revitalises acquisition agenda
- Can plan to tackle child labour in cocoa work?
- What are the options for Aryzta post-EGM?
News
- Kraft Heinz offloads assets in $3bn deal
- NPD - Saputo, Premier Foods, Nestle, Good Good
- UK snack-bar maker Halo Foods sold
- Result of Aryzta EGM board shake-up vote is in
- PepsiCo starts plant construction in Russia
Market research
- Dairy-Based and Soy-Based Desserts (Dairy and Soy Food) Market in China - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)
- Sustainability - The Most Important Theme for 2020 - Thematic research
- Targeting Consumers at Home - Coronavirus (COVID-19) Case Study
- Azerbaijan In-depth PEST Insights
- Drinkable Yogurt (Dairy and Soy Food) Market in South Africa - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
