SpartanNash (SPTN) said Monday that it has acquired Fresh Encounter, a supermarket chain with 49 stores in Ohio, Indiana, and Kentucky, expanding its retail footprint by 33%.
The acquisition is consistent with its strategy and will contribute toward the growth and earnings goals of its 2025 long-term plan, Chief Executive Tony Sarsam said. The deal follows its earlier acquisition of Metcalfe's Market in April.
The transaction is set to close in late November. Terms of the deal were not disclosed.
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