M&A Deal Summary

SUPERVALU Acquires Premier Retail Properties - Albertson

On June 2, 2006, SUPERVALU acquired retailer Premier Retail Properties - Albertson for 1.2B USD

Acquisition Highlights
  • This is SUPERVALU’s 5th transaction in the Retail sector.
  • This is SUPERVALU’s 2nd largest (disclosed) transaction.
  • This is SUPERVALU’s 6th transaction in the United States.

M&A Deal Summary

Date 2006-06-02
Target Premier Retail Properties - Albertson
Sector Retail
Buyer(s) SUPERVALU
Deal Type Divestiture
Deal Value 1.2B USD

Target

Premier Retail Properties - Albertson

United States
Premier Retail Properties of Albertson's, Inc., which include the operations of Acme Markets, Bristol Farms, Jewel, Shaw's Supermarkets, Star Markets, and Albertsons banner stores in the Intermountain West, Northwest and Southern California regions.

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Buyer(S) 1

Buyer

SUPERVALU

Eden Prairie, Minnesota, United States

Category Company
Founded 1871
Sector Retail
Employees23,000
Revenue 14.0B USD (2018)
DESCRIPTION
Entrance to SUPERVALU's corporate headquarters in Eden Praire, Minnesota.
Entrance to SUPERVALU's corporate headquarters in Eden Praire, Minnesota.

SUPERVALU, Inc. is one of the largest grocery wholesalers and retailers in the U.S. SUPERVALU serves customers across the United States through a network of 3,437 stores composed of 3,323 wholesale primary stores operated by customers serviced by SUPERVALU's food distribution business and 114 traditional retail grocery stores in continuing operations operated under three retail banners in three geographic regions (store counts as of February 24, 2018). Headquartered in Minnesota, SUPERVALU has approximately 23,000 employees.


DEAL STATS #
Overall 6 of 11
Sector (Retail) 5 of 9
Type (Divestiture) 2 of 4
Country (United States) 6 of 11
Year (2006) 2 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-02 Bristol Farms

Carson, California, United States

Bristol Farms, Inc. is a grocery retailer of gourmet, organic, and natural foods.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-19 Scott s Food & Pharmacy

Fort Wayne, Indiana, United States

Scott's Food & Pharmacy , provides Grocery Stores, Pharmacies, Supermarkets & Super Stores

Sell -