SUPERVALU to acquire Associated Grocers of Florida
This transaction provides SUPERVALU with the ability to expand its operations into a new part of Florida.
SUPERVALU INC., Minneapolis, entered into a definitive merger agreement to acquire Associated Grocers of Florida, Pompano Beach, Fla., for approximately $180 million.
This transaction provides SUPERVALU with the ability to expand its operations into a new part of Florida as well as present new opportunities to bring SUPERVALU's products and services to Associated Grocers' diverse customer base in South Florida, the Caribbean and other international markets.