M&A Deal Summary

SpartanNash Acquires Martin’s Super Markets

On November 20, 2018, SpartanNash acquired retailer Martin’s Super Markets

Acquisition Highlights
  • This is SpartanNash’s 2nd transaction in the Retail sector.
  • This is SpartanNash’s 5th transaction in the United States.
  • This is SpartanNash’s 3rd transaction in Indiana.

M&A Deal Summary
Date 2018-11-20
Target Martin’s Super Markets
Sector Retail
Buyer(s) SpartanNash
Deal Type Add-on Acquisition
Advisor(s) Solomon Partners (Financial)
Simpson Thacher & Bartlett (Legal)

Target

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.

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Buyer(S) 1

Buyer

SpartanNash

Grand Rapids, Michigan, United States
Category Company
Founded 1917
Sector Distribution
Employees17,000
Revenue 9.7B USD (2023)
DESCRIPTION
SpartanNash's corporate headquarters in Grand Rapids, Michigan.
SpartanNash's corporate headquarters in Grand Rapids, Michigan.

SpartanNash is a grocery distributor. SpartanNash was founded in 1917 and is based in Grand Rapids, Michigan.

DEAL STATS #
Overall 5 of 9
Sector (Retail) 2 of 5
Type (Add-on Acquisition) 2 of 6
State (Indiana) 3 of 3
Country (United States) 5 of 9
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-04 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-14 Shop–N–Save Food Centers

Benzonia, Michigan, United States

Shop–N–Save Food Centers is an operator of a three-store grocery chain in Benzonia, Fremont, and Ludington. Shop–N–Save Food Centers was founded in 1973 and is based in Benzonia, Michigan.

Buy -
Mergr

Product

Company

Legal