Nash Finch Co acquires Roundy's facilities
Apr 5, 2005 9:21 AM, from staff and wire reports
Nash Finch Co has completed the purchase from Roundy’s Inc of the net assets, including customer contracts, of the wholesale food distribution divisions in Westville IN and Lima OH and two retail stores in Ironton and Van Wert OH for approximately $225 million. The food distribution company had announced its agreement to purchase these assets Feb 24, 2005.
The Westville and Lima Divisions represent about $1.0 billion in annual food distribution sales, servicing more than 500 customers mainly in Indiana, Illinois, Ohio, and Michigan. No facility closings are expected.
Nash Finch’s food distribution business serves independent retailers and military commissaries in 28 states, the District of Columbia, Europe, Cuba, Puerto Rico, Iceland, the Azores, and Honduras. The company also owns and operates retail stores primarily in the upper Midwest.
