SpartanNash Company (Nasdaq: SPTN) announced it has reached an agreement to acquire Martin’s Super Markets, Inc. (Martin’s), a leading family-owned and operated Midwest independent supermarket chain, in a transaction that will expand SpartanNash’s corporate retail footprint into the adjacent markets of Northern Indiana and Southwestern Michigan.
Headquartered in South Bend, Indiana, Martin’s currently operates 21 stores in Northern Indiana and Southwest Michigan. SpartanNash is a Fortune 400 company whose core businesses include distributing grocery products to a diverse group of independent and chain retailers, its corporate-owned retail stores and U.S. military commissaries and exchanges; as well as premier fresh produce distribution and fresh food processing. SpartanNash currently operates 139 supermarkets, primarily under the banners of Family Fare Supermarkets, D&W Fresh Market, VG’s Grocery, Dan's Supermarket and Family Fresh Market. Through its MDV military division, SpartanNash is a leading distributor of grocery products to U.S. military commissaries.
The Warner transaction team is led by Greg Schmidt (corporate) and includes Mike Jones and Corinne Sprague (both corporate), Jason Byrne (insurance), Scott Hubbard (environmental), Scott Keller (intellectual property), Jon Kok (labor and employment), Steve Kretschman (tax), Heidi Lyon (employee benefits), Chris Meyer (real estate), and Nate Steed (software and information technology).
Read the full press release here.
Warner Mergers and Acquisitions (M&A) Practice Group
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