Mifroma - Turn an Ordinary Date Night into a Great Date Night... fondue it - Microwaveable cup ready to serve in 2 minutes - How do you fondue
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
SuperValu Acquires Associated Grocers of Florida

SuperValu Acquires Associated Grocers of Florida


MINNEAPOLIS, MN
Monday, December 11th, 2017

Ending the year on a high note, SuperValu completes its second acquisition of the year after adding the Associated Grocers of Florida to its name in a transaction valued at approximately $193 million. With annual sales of approximately $650 million in its last fiscal year, the Associated Grocers of Florida will add to SuperValu’s growing national distribution network and bolster the retailer’s wholesale business expansion strategy.

Mark Gross, President and CEO, SuperValu“The addition of Associated Grocers of Florida is another important step on our journey to becoming the wholesaler of choice for grocery retailers,” said Mark Gross, President and CEO of SuperValu, in a company press release. “AG of Florida has a tremendous retailer base across central and south Florida, and we’ll immediately gain a vibrant group of customers as well as an ability to expand internationally with AG’s customers in territories that include the Caribbean, and Central and South America.”

Along with the acquisition, the retailer is also appointing the Associated Grocers of Florida's former President Christopher Miller as the President of SuperValu Florida.

SuperValu Wholesale

“Chris has built a great team, and we’re very excited that they’re now a part of our SuperValu family,” continued Gross. “Between the Unified Grocers and AG of Florida acquisitions, we’ve added substantial talent that will help us meet the rapidly changing needs of the markets we serve, including the growing specialty, organic, Latino, and Hispanic markets.”

As SuperValu continues to expand, will 2018 be another year of growth and acquisitions for the company? Deli Market News will continue to report.

SuperValu
Topics:


Mifroma - Turn an Ordinary Date Night into a Great Date Night... fondue it - Microwaveable cup ready to serve in 2 minutes - How do you fondueEiffel 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

Have a new product, press release or story idea?

Let us know

In This Story


SUPERVALU is a grocery industry leader, serving customers through over 3,400 owned, licensed, franchised and affiliated stores across the country. Our roots are in supply and wholesale distribution...

Chickapea Launches First-of-its Kind Vegan Mac, a Healthy Twist to our Favorite Comfort Food

The Vegan Mac is a first-of-its kind dairy-free option, joining the ranks of Chickapea’s current pasta offerings.
View Press Release

Caldic Appoints New Director Digital Transformation

The full-service distributor is further optimizing digital processes to enhance its business performance.
View Press Release

Polymer Logistics North America Leadership Announcement

Fred Heptinstall will step down as CEO Polymer Logistics North America, effective December 31 of this year.
View Press Release