SpartanNash Acquires Caito Foods Service and Blue Ribbon Transport
SpartanNash has announced that it has completed the previously announced acquisition of certain assets of Caito Foods Service and Blue Ribbon Transport (“BRT”).
Under the terms of the agreement, SpartanNash acquired Caito’s produce distribution business, fresh cut fruits and vegetables business and the company’s newly constructed Fresh Kitchen facility which is designed to process and package fresh-prepared foods, as well as the logistics business of BRT.
Noted SpartanNash CEO and Chairman of the Board Dennis Eidson, “Caito is a premier distributor with best-in-class food processing facilities, including its new Fresh Kitchen. Caito’s service area also is complementary to our current distribution footprint, and we look forward to serving customers in new areas in addition to enhancing our offerings to existing customers.”
SpartanNash (Nasdaq: SPTN) is a Fortune 400 company whose core businesses include distributing grocery products to independent grocery retailers, national accounts, its corporate-owned retail stores and U.S. military commissaries.
Caito Foods Service is a leading supplier of fresh fruits and vegetables, fresh-prepared foods, and fresh floral products to grocery retailers and foodservice distributors in 22 states from its distribution centers in Indiana, Ohio and Florida.
Category: General Update
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