Dive Summary:
- The deal involves a slew of retail properties. Albertson's picks up 50 supermarkets, seven convenience stores and 26 fuel centers in the transaction.
- The Boise, Idaho-based Albertson's also gets a wider distribution system in the deal. Included in the purchase are the RC Taylor division, which distributes tobacco, candy and general merchandise; Praters, which makes fresh, prepared foods and tortillas; and a subsidiary called Llano Logistics that operates two distribution centers in Roanoke and Lubbock, Texas.
- Terms of the deal were not disclosed.
Dive Insight:
Albertson's has a history of letting its acquisitions continue to operate as independent, locally run operations. The United transaction gives Albertson's a number of new brands, particularly the United And Amigos markets. A company spokesperson said those units will continue on under their existing names. That may fly in the face of other companies' efforts to form national brands, but it's likely to be Albertson's plan for the United properties.