US grocery set for mega-merger Archives - Just Food
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US grocery set for mega-merger

In the spotlight: Albertson’s LLC hungry for more after United Supermarkets buy

In the spotlight: Albertson’s LLC hungry for more after United Supermarkets buy

Albertson's LLC has had a transformative year. The private-equity owned company is investing in trying to elevating its growth trajectory. A significant step in this direction was made when the group acquired the remaining Albertsons stores - and rights to the Albertsons name - from SuperValu, along with the Jewel-Osco, Acme, Shaw's and Star Market chains. Last week's acquisition of United Supermarkets builds on that foundation and comes as further evidence the firm, and its financial backers, are committed to driving growth through M&A. Katy Askew reports.

US: PE firm Cerberus “eyes more retail deals”

US: PE firm Cerberus “eyes more retail deals”

Private-equity firm Cerberus Capital Management, which earlier this year bought five food retail chains from Supervalu Inc, is said to be looking at more targets - including regional grocer Harris Teeter.