MINNEAPOLIS, 2017-Dec-12 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today (Dec. 8, 2017) announced it has completed the previously announced acquisition of Associated Grocers of Florida, Inc. in a transaction valued at approximately $193 million. Associated Grocers of Florida adds a dynamic grocery wholesaler to SUPERVALU’s growing national distribution network with annual sales of approximately $650 million in its last fiscal year…
Adds dynamic grocery wholesaler to SUPERVALU's growing national distribution network
Creates opportunities to leverage Associated Grocers' approximate 1.5 million square feet of owned real estate and enhance Associated Grocers' international business serving the Caribbean, Central and South America and Asia
Provides Associated Grocers' diverse customer base with access to SUPERVALU's extensive private brands portfolio, Market Centre specialty division, and varied professional…