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SUPERVALU Completes Acquisition of Unified Grocers
USAgNet - 06/27/2017

The Minneapolis-based SUPERVALU INC. announced it has completed the acquisition of Unified Grocers, Inc. in a transaction valued at $390 million.

"The completion of this transaction is a significant step forward for SUPERVALU and the growth of our wholesale business," said SUPERVALU President and CEO Mark Gross. "Our teams are fully engaged in the important work of integrating these two great organizations with a continued focus on delivering for our customers and stockholders. We're excited about working with the many talented associates to supply and serve our expanded and highly diverse customer base."

SUPERVALU INC. is one of the largest grocery wholesalers and retailers in the U.S. with annual sales of approximately $12 billion in fiscal 2017. The store serves customers across the country through a network of 2,363 locations. Founded in 1922, Unified Grocers is a wholesale grocery distributor that supplies independent retailers throughout the western United States.


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