C&S Wholesale To Acquire SpartanNash In Bid To Take On Grocery Giants
1. C&S Wholesale Grocers to acquire SpartanNash for $1.77 billion. 2. Acquisition represents a 52.5% premium over SpartanNash's previous closing price. 3. Combined entity to operate 60 distribution centers across the U.S. 4. Transaction aims for improved supply chain efficiency and cost reductions. 5. Merger expected to close in late 2025, enhancing competitiveness.