M&A Deal Summary

Safeway Acquires Dominick s Supermarkets

On October 13, 1998, Safeway acquired retailer Dominick s Supermarkets for 1.8B USD

Acquisition Highlights
  • This is Safeway’s 2nd transaction in the Retail sector.
  • This is Safeway’s largest (disclosed) transaction.
  • This is Safeway’s 2nd transaction in the United States.
  • This is Safeway’s 1st transaction in Illinois.

M&A Deal Summary
Date 1998-10-13
Target Dominick s Supermarkets
Sector Retail
Buyer(s) Safeway
Deal Type Add-on Acquisition
Deal Value 1.8B USD

Target

Dominick s Supermarkets

Northlake, Illinois, United States
Dominick's Supermarkets, Inc is a grocery store chain it provides products like Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Safeway

Pleasanton, California, United States

website

Category Company
Founded 1926
Sector Retail
Employees138,000
Revenue 36.1B USD (2013)
DESCRIPTION

Safeway Inc., which operates Safeway, Vons, Pavilion’s, Randall’s, Tom Thumb, and Carrs stores, is a Fortune 100 company and one of the largest food and drug retailers in the United States with sales of $36.1 billion in 2013. The company operates 1,335 stores in 20 states and the District of Columbia, 13 distribution centers and 20 manufacturing plants.

DEAL STATS #
Overall 2 of 6
Sector (Retail) 2 of 6
Type (Add-on Acquisition) 2 of 6
State (Illinois) 1 of 1
Country (United States) 2 of 6
Year (1998) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-04-08 The Vons Co s.

Arcadia, California, United States

The Vons Co's., Inc. operates a chain of grocery stores.

Buy $1.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-07-23 Randall s Food Markets

Houston, Texas, United States

Randall's Food Markets, Inc. a privately owned 116 store Texas-based supermarket chain, operates 46 Randalls stores in the Houston area, 12 stores in Austin and 58 Tom Thumb stores in the Dallas/Ft. Worth area.

Buy $1.4B
Mergr

Product

Company

Legal