** Shares of wholesale food supplier SpartanNash rise as much as 1.2% to $21.64
** Co says it will acquire Fresh Encounter Inc $(FEI)$, a 49-store supermarket chain serving in Ohio, Indiana and Kentucky
** SPTN says FEI, which has been its food distribution customer for 58 years, will expand co's retail footprint by 33%
** Adds it will continue employment of FEI's 2,500 team members
** Terms of the deal were not disclosed
** Up to last close, stock has fallen ~7% YTD
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
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