M&A Deal Summary

The Stop & Shop Supermarket Company Acquires King Kullen Grocery Co.

On January 4, 2019, The Stop & Shop Supermarket Company acquired retailer King Kullen Grocery Co.

Acquisition Highlights
  • This is The Stop & Shop Supermarket Company’s 1st transaction in the Retail sector.
  • This is The Stop & Shop Supermarket Company’s 1st transaction in the United States.
  • This is The Stop & Shop Supermarket Company’s 1st transaction in New York.

M&A Deal Summary

Date 2019-01-04
Target King Kullen Grocery Co.
Sector Retail
Buyer(s) The Stop & Shop Supermarket Company
Deal Type Add-on Acquisition
Advisor(s) J.P. Morgan Securities (Financial)

Target

King Kullen Grocery Co.

Bethpage, New York, United States
King Kullen Grocery Co., Inc. is a grocery chain in the Long Island market. King Kullen Grocery was founded in 1930 and is based in Bethpage, New York.

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Buyer(S) 1

Buyer

The Stop & Shop Supermarket Company

Quincy, Massachusetts, United States

Category Company
Founded 1914
Sector Retail
DESCRIPTION

The Stop & Shop Supermarket Company LLC is a provider of grocery stores and supermarket.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1