Acquisition of Marsh Supermarkets complete
Oct 1, 2006 12:00 PM
MSH Supermarkets Inc, an affiliate of Sun Capital Partners Inc, has completed the acquisition of Marsh Supermarkets Inc for a purchase price of about $325 million.
Frank Lazaran, a former senior executive with more than 30 years of regional supermarket experience, has been appointed president and chief executive officer of Marsh as a result of Don Marsh's resignation.
Marsh is a leading multi-format food retailer in Indianapolis IN and surrounding markets. It operates 116 supermarkets, 154 convenience stores, and other catering and retail businesses under brands such as Marsh Supermarkets, LoBill Foods, Village Pantry, Crystal Food Service, and Enflora.
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