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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Sat., Apr. 20, 6:49 AM

Slide #30. SpartanNash Metcalfe's Market

Acquirer: SpartanNash (NASDAQ:SPTN)
Acquiree: Metcalfe's Market
Details: Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced its acquisition of Metcalfe's Market, a three-store grocery chain in Wisconsin. Upon close of the sale, the Madison and Wauwatosa, Wis. locations will be continuing employment for all employees. The Metcalfe's Market storefront, branding and core shopper experience will remain in place.

SpartanNash is a food solutions company that delivers the ingredients. Co. operates two reportable segments: Wholesale, which provides a selection of stock-keeping units of nationally branded and private brand grocery products and perishable food products, as well as floral products, general merchandise, beverages, tobacco products, health and beauty care products and pharmaceutical products; and Retail, which provides nationally branded and private brand grocery products, perishable food products including dry groceries, produce, dairy products, meat, delicatessen items, as well as floral products, general merchandise, beverages, health and beauty care products and fuel.

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Company Name:  SpartanNash Co
Stock buyback:  SPTN buyback
Website:  www.spartannash.com
Sector:  Grocery & Drug Stores
Number of ETFs Holding SPTN:  46
Total Market Value Held by ETFs:  $160.94M
Total Market Capitalization:  $654.00M
% of Market Cap. Held by ETFs:  24.61%
 

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April 20, 2024    6:49 AM Eastern
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Hold (2.40 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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