CANADA: Agropur in plants-and-supply deal with Sobeys
Canadian dairy co-op Agropur has struck deals to buy four plants from - and supply a range of products to - Sobeys, one of the country's largest retailers.
Safeway Inc
US: Whole Foods buys Arizona, California stores from New Frontiers Natural Marketplace
Whole Foods Market is to buy four stores from local US retailer New Frontiers Natural Marketplace.
Talking shop: Albertsons owner seeks strength in scale with Safeway buy
Changing consumer behaviour is having a transformational impact on the US food and food retail sectors, as consumers alter where they shop and what they buy. The growing popularity of non-traditional channels has resulted in a jump in consolidation. Traditional supermarkets are seeking strength through scale, as evidenced by the deal that could see Albertsons owner Cerberus take control of Safeway. Dean Best reports.
Editor’s choice: the highlights on just-food this week
Sugar again grabbed the headlines after the World Health Organization revised its guidance on how much of the ingredient to consume. Elsewhere, a US retailer with over 2,400 stores could be created after Albertsons owner and private-equity firm Cerberus Capital Management struck a deal that looks set to see it buy Safeway.
Quote, unquote: just-food’s week in words
This week Unilever was gain rumoured to be looking to sell a food brand - this time Ragu pasta sauces. UK group Premier Foods announced a new refinancing package, while in the US, a mega-merger in the retail sector is on the cards, after Albertsons owner and private-equity firm Cerberus Capital Management struck a deal to buy Safeway.
US: Albertsons owner Cerberus to buy Safeway
US grocery giant Safeway Inc has agreed to a takeover bid from private-equity firm Cerberus Capital Management, the owner of chains including Albertsons, Acme and Jewel-Osco. Safeway said last month…
US: PE firm Cerberus “eyes US$9bn deal for Safeway”
Private-equity firm Cerberus Capital Management is reportedly working on a US$9bn takeover bid for US retail giant Safeway Inc. The Wall Street Journal yesterday (5 March) reported Cerberus had been…
US: Kroger “interested in Safeway assets”
Kroger reportedly contacted fellow US grocery giant Safeway Inc to indicate its interest in buying part of the business. Two weeks ago, Safeway admitted it was in talks over a…
UPDATE: US: Roundy’s targets accelerated growth with Safeway acquisition
US regional supermarket operator Roundy's Inc hopes to accelerate its expansion in the Chicago area through a deal to acquire 11 Dominick's stores from Safeway Inc for US$36m. The stores,…
US: Safeway sells 11 Dominick’s stores to Roundy’s
Safeway Inc has reached an agreement to sell 11 of its Dominick's stores in Chicago to Roundy's Inc. The deal, for US$36m in cash plus lease assumption, will see Roundy's…
US: Annie’s eyes snacks expansion through factory deal
US natural and organic food firm Annie's could look to boost its snacks production after buying a plant owned by retail giant Safeway Inc. Annie's has acquired a factory in…
