Eiffel Tower - A creamy cow’s milk delight, featuring a chalky white rind and a cream-colored, buttery, soft interior that oozes when at the peak of ripeness and temperature
BelGioioso - Burrata & Stracciatella
Blue Apron's Grocery Acquisition Rumors Launch Stock

Blue Apron's Grocery Acquisition Rumors Launch Stock

Friday, April 20th, 2018

“A little birdie” has let loose that Blue Apron may soon be acquired by a grocery chain, and investors have responded by buying up the company's stock. Ostensibly bred from a single Tweet by hedge fund manager Will Meade, the news instigated as much as an 8.5 percent jump in Blue Apron’s stocks.

Will Meade, Hedge Fund Manager, Goldman SachsA little birdie told me $APRN @blueapron will be acquired by a grocery store chain for $3 or better,” Meade wrote from his account, @realwillmeade.

Motley Fool reported that Meade held his tongue on further information about the "birdie," and there have yet to have been any additional reports on the matter from other media organizations. However, an acquisition seems to be the ultimate goal for the majority of meal kit companies in the market currently. As we previously reported, rival Plated was acquired by Albertsons in September of last year, and, just last month, meal kit provider HelloFresh scooped up Green Chef. Even Blue Apron has began shifting its business strategy, moving to be distributed through grocery stores for the first time.

Blue Apron

The source notes that the general sentiment of the investor community is skepticism that Blue Apron will actually be bought out any time soon, as stocks would have likely shot up past the $3 mark if the rumor had legs. Deli Market News will continue to monitor the possible acquisition and share the latest as the story develops.

Blue Apron

Eiffel Tower - A creamy cow’s milk delight, featuring a chalky white rind and a cream-colored, buttery, soft interior that oozes when at the peak of ripeness and temperatureBelGioioso - Burrata & Stracciatella

Have a new product, press release or story idea?

Let us know

In This Story

Blue Apron makes cooking fun & easy by sending you all the ingredients for incredible meals!

American Butter Institute Urges FDA to Address Mislabeled “Butter” Products

The company urges the USDA to take prompt enforcement action against seven “butter” substitutes that allegedly violate the agency’s food labeling requirements.
View Press Release

Harvest A Great Time This Fall With These Hampton Farms Recipes On Your Table

The company partners with and supports local farms to seed and harvest all its peanuts.
View Press Release

Beetology Introduces New Beverages

The company launches cold-pressed, simple, nutrition-packed wellness juices made from nature's superfood—beets.
View Press Release

The Spice Lab is Now USDA NOP Organic Certified

The USDA Organic seal assures consumers that products are 95% or more certified organic.
View Press Release

Valio Unveils On-Trend Food Innovations and Ingredients Solutions at SIAL Paris

The company plans to showcase its latest food innovations and tailor-made ingredients solutions at the upcoming show.
View Press Release

Charlotte-Based Hissho Sushi Makes N.C. Mid-Market Fast 40 List

This year marks 20 years since Hissho Sushi was founded in Charlotte, NC.
View Press Release

Anheuser-Busch Inbev & DS Smith Plastics Named 2018 Excellence in Reusable Packaging Award Winners

RPA announces two winners in the 2018 Excellence in Reusable Packaging award program.
View Press Release

It's Pumpkin Spice Season!

Litehouse debuts a fresh look for its line of deliciously indulgent caramel dips and a limited-edition flavor: Pumpkin Spice Caramel.
View Press Release

Time to Step Up Your Fall Menu Plan; Pereg Natural Foods Gets You Started

Suffering from pumpkin spice fatigue? Here are 14 savory reasons why you still need pumpkin spice in your life.
View Press Release

New Snack Bars Take the Tahini Craze to Healthy Delicious Heights

Absolutely Gluten Free introduces TahiniBAR, the energy bar made from sesame seeds, in three exciting flavors.
View Press Release