Add-on Acquisition • Retail

Hy-Vee Acquires Strack & Van Til Food Market

On April 17, 2024, Hy-Vee acquired retailer Strack & Van Til Food Market

Acquisition Context

This is Hy-Vee’s 1st transaction in the Retail sector.
This is Hy-Vee’s 1st transaction in the United States.
This is Hy-Vee’s 1st transaction in Indiana.

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M&A Deal Summary
Date	April 17, 2024
Target	Strack & Van Til Food Market
Sector	Retail
Buyer(s)	Hy-Vee
Deal Type	Add-on Acquisition

Target Company

Strack & Van Til Food Market

Highland, Indiana, United States

Strack & Van Til Food Market is a full-service grocery and fresh food store that guarantees the finest quality products and the best value. Strack & Van Til Food Market is based in Highland, Indiana.

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Buyer Overview 1

Buyer

Hy-Vee

West Des Moines, Iowa, United States

Category	Company
Founded	1930
Sector	Retail

DESCRIPTION

Hy-Vee's corporate headquarters in West Des Moines, Iowa.

Hy-Vee is an employee-owned grocery chain operating more than 550 locations across eight Midwestern US states. Hy-Vee was founded in 1930 and is based in West Des Moines, Iowa.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Retail	1 of 1
Type: Add-on Acquisition	1 of 1
State: Indiana	1 of 1
Country: United States	1 of 1
Year: 2024	1 of 1

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