Kroger Mergers and Acquisitions Summary

RetailCompany

Kroger has acquired 13 companies, including 2 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 2 assets.

Kroger’s largest acquisition to date was in 2022, when it acquired Albertsons Companies for $24.6B. Kroger has acquired in 11 different US states. The Company’s most targeted sectors include retail (54%) and healthcare services (16%).

Join Mergr and gain access to Kroger’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the retail sector.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity13
    • M&A Sell Activity2
  • Total Sectors Invested 6
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 8
  • M&A Advisors 4

Kroger

The Kroger Co.

1014 Vine Street,
Cincinnati, Ohio 45202
United States,
(513) 762-4000
www.thekrogerco.com

Kroger operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the United States under a variety of brands. The Kroger was formed in 1883 and is based in Cincinnati, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.2/yr) # 12 - - - 1 - 13
vol $16.6B $24.6B $41.2B
Sell (0.2/yr) # 1 1 - - - - 2
  15

Most Recent M&A

Company Date Value Type
Albertsons Companies, Inc. 2022-10-14 24.6B USD Add-on Acquisition
Boise, Idaho · www.albertsonscompanies.com
Turkey Hill 2019-03-19 - Divestiture
Conestoga, Pennsylvania · www.turkeyhill.com
YOU Technology Brand Services, Inc. 2018-12-18 - Divestiture
South San Francisco, California · www.you.net
Relish Labs LLC 2018-05-23 - Add-on Acquisition
Chicago, Illinois · www.homechef.com
Murray's Cheese 2017-02-07 - Merger
New York, New York · www.murrayscheese.com
Modern Healthcare, Inc. 2016-09-02 - Add-on Acquisition
Orlando, Florida · www.modernhealthinc.com
Roundy's, Inc. 2015-11-11 800M USD Add-on Acquisition
Milwaukee, Wisconsin · www.roundys.com
Vitacost.com, Inc. 2014-07-02 280M USD Add-on Acquisition
Boca Raton, Florida · www.vitacost.com
YOU Technology Brand Services, Inc. 2014-02-11 - Add-on Acquisition
South San Francisco, California · www.you.net
Harris Teeter Supermarkets, Inc. 2014-01-28 2.5B USD Add-on Acquisition
Matthews, North Carolina · www.harristeeter.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Retail 7 (54%) 40.9B (99%) - -
Healthcare Services 2 (15%) - - -
Food 1 (8%) - 1 (50%) -
Internet Software and Services 1 (8%) - 1 (50%) -
E-Commerce 1 (8%) 280M (1%) - -
Life Science 1 (8%) - - -
Total 13 $41.2B 2 -

By Geo

State/Country Buy Value Sell Value
United States 13 41.2B 2 -
  Florida 3 280M - -
  California 1 - 1 -
  Wisconsin 1 800M - -
  Tennessee 1 - - -
  Oregon 1 13.0B - -
  North Carolina 1 2.5B - -
  New York 1 - - -
  Nebraska 1 - - -
  Indiana 1 - - -
  Illinois 1 - - -
  Idaho 1 24.6B - -
  Pennsylvania - - 1 -
Total 13 $41.2B 2 -

Top M&A Advisors

Financial Deals
Citigroup Investment Banking
 1
Goldman Sachs Investment Banking Division
 1
Legal Deals
Weil Gotshal & Manges LLP
 2
Arnold & Porter Kaye Scholer LLP
 1

Deal Values

buy # Total
> $1B 3 $40.1B
$100M to $1B 2 $1.1B
TOTAL $41.2B
Largest Albertsons Companies, Inc.
$24.6B (2022-10-14)

M&A Connections

Deals
Acquired from
Investor(s)
31%
4 (31%)
Strategic(s)
15%
2 (15%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

Company Summary

SECTOR

Retail

Revenue

137,888   5% 2022
132,498   9% 2021
122,286   1% 2020
121,162   2% 2019
122,662   7% 2018
115,337   6% 2017
109,830   2% 2016
108,465   11% 2015
98,375   2% 2014
96,619   2013
(millions of USD) Show More Show Less

Employees

500,000

Established

1883

Public

NYSE: KR

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