Gerrity's Owners Diversify With Save-A-Lot Stores
Joe Fasula, a co-owner of Gerrity's Supermarket, said his family recently entered a licensing agreement with Save-A-Lot, a limited-assortment, 1,200-market chain based in St. Louis. …
Month: April 2012
Oak Hill Capital Partners Acquires Earth Fare From Monitor Clipper Partners
Earth Fare, Inc. ("Earth Fare") announced today that Oak Hill Capital Partners ("Oak Hill Capital"), a leading private equity firm, has acquired an approximately 80% interest in Earth Fare from Monitor Clipper Partners ("Monitor Clipper") in a transaction that values the company at approximately $300 million. Oak Hill Capital is investing in partnership with Earth Fare's current management team and Monitor Clipper, which retains a significant minority interest. …
Safeway Inc. Names Robert Edwards President
Safeway Inc. today named Robert Edwards President of the Company. Mr. Edwards has served as Safeway's Executive Vice President and Chief Financial Officer since 2004. …
Soccer Star Mia Hamm Encourages Americans To Include Energy-Boosting Grains
Keeping energy levels balanced throughout the day is critical to maintaining a healthy weight and leading an active lifestyle. Bread and other grain foods are among the best sources of complex carbohydrates the body needs for fuel. That's why the Grain Foods Foundation has partnered with soccer star and mom of three, Mia Hamm, to remind consumers of the important role bread and grains play in a healthful diet. …
Imperial Sugar Company Completes Sale Of Its Investment In Wholesome Sweeteners
mperial Sugar Company announced today that it had completed the sale of its 50% interest in Wholesome Sweeteners, Incorporated to an affiliate of Arlon Group, a private investment group focused on food and agriculture. The net proceeds of $60.4 million cash, which is subject to adjustment upon determination of Wholesome’s closing date working capital, were used to reduce borrowings under Imperial’s revolving line of credit. …
