M&A Deal Summary

SpartanNash Acquires Caito Foods Service - Produce Distribution

On November 4, 2016, SpartanNash acquired distribution company Caito Foods Service - Produce Distribution from Caito Foods Service

Acquisition Highlights
  • This is SpartanNash’s 2nd transaction in the Distribution sector.
  • This is SpartanNash’s 4th transaction in the United States.
  • This is SpartanNash’s 2nd transaction in Indiana.

M&A Deal Summary

Date 2016-11-04
Target Caito Foods Service - Produce Distribution
Sector Distribution
Buyer(s) SpartanNash
Sellers(s) Caito Foods Service
Deal Type Divestiture

Target

Caito Foods Service - Produce Distribution

Indianapolis, Indiana, United States
Caito Foods Service, Inc. - Produce Distribution is a distributor of cut fruits and vegetables to retail industry.

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Buyer(S) 1

Buyer

SpartanNash

Grand Rapids, Michigan, United States

Category Company
Founded 1917
Sector Distribution
Revenue 9.5B USD (2024)
DESCRIPTION
SpartanNash's corporate headquarters in Grand Rapids, Michigan.
SpartanNash's corporate headquarters in Grand Rapids, Michigan.

SpartanNash is a grocery distributor that operates two complementary business segments food wholesale and grocery retail. Its global supply chain network serves wholesale customers that include independent and chain grocers, national retail brands, e-commerce platforms, and U.S. military commissaries and exchanges. The company distributes products for every aisle in the grocery store, from fresh produce to household goods to its OwnBrands, which include the Our Family portfolio of products. SpartanNash was founded in 1917 and is based in Grand Rapids, Michigan.


DEAL STATS #
Overall 4 of 9
Sector: Distribution M&A 2 of 3
Type: Divestiture M&A Deals 2 of 2
State: Indiana M&A 2 of 3
Country: United States M&A 4 of 9
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-04 Blue Ribbon Transport

Indianapolis, Indiana, United States

Blue Ribbon Transport is a logistics company specializing in produce, food and beverage.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-20 Martin’s Super Markets

South Bend, Indiana, United States

Martin’s Super Markets, Inc. is an independent supermarket chain. Martin's currently operates 21 stores in Northern Indiana and Southwest Michigan. Martin’s Super Markets, Inc. was founded in 1947 and is based in South Bend, Indiana.

Buy -

Seller(S) 1

SELLER

Caito Foods Service

Indianapolis, Indiana, United States

Category Company
Founded 1965
Sector Food
DESCRIPTION

Caito Foods Service, Inc. is a provider of fresh fruit and vegetables to grocery retailers and food service distributors across 22 states in the Southeast, Midwest and Eastern United States.


DEAL STATS #
Overall 2 of 2
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Indiana M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-04 Blue Ribbon Transport

Indianapolis, Indiana, United States

Blue Ribbon Transport is a logistics company specializing in produce, food and beverage.

Sell -