M&A Deal Summary

SpartanNash Acquires Shop–N–Save Food Centers

On June 14, 2022, SpartanNash acquired retailer Shop–N–Save Food Centers

Acquisition Highlights
  • This is SpartanNash’s 3rd transaction in the Retail sector.
  • This is SpartanNash’s 6th transaction in the United States.
  • This is SpartanNash’s 1st transaction in Michigan.

M&A Deal Summary

Date 2022-06-14
Target Shop–N–Save Food Centers
Sector Retail
Buyer(s) SpartanNash
Deal Type Add-on Acquisition

Target

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.

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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 6 of 9
Sector (Retail) 3 of 5
Type (Add-on Acquisition) 3 of 6
State (Michigan) 1 of 2
Country (United States) 6 of 9
Year (2022) 1 of 1
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-05 Great Lakes Foods

Menominee, Michigan, United States

Great Lakes Foods is an independent grocery wholesaler, including its 300,000-square-foot distribution center, based in Menominee, Michigan.

Buy -