Kroger and Albertsons Unveil Divestiture Plan with C&S for Proposed Merger Involving 413 Stores and 8 Distribution Centers

Kroger and Albertsons announcing comprehensive divestiture plan with C&S Wholesale Grocers for proposed merger
Divestiture includes 413 stores, 8 distribution centers, 2 offices, and 5 private label brands across 17 states
C&S bringing 104 years of grocery industry experience as buyer in divestiture plan
Merger remains on track to close in early 2024 pending regulatory clearance
Merger aims to create benefits for customers, associates, and communities through investments and expanded offerings

prnewswire.com

Relevant topic timeline:

9/8/2023

Kroger to Sell 26 Texas Stores to C&S for $1.9B If Albertsons Merger Approved

Kroger has announced the sale of 413 stores, including 26 in Texas and two in Louisiana, as part of its plan to purchase Albertsons Cos. for $24.6 billion, with the merger expected to be completed in early 2024.

9/11/2023

Kroger Selling 10 D.C. Stores to Piggly Wiggly Owner as Part of Albertsons Merger

Kroger plans to sell 10 Harris Teeter stores in the D.C. area to C & Wholesale Grocers as part of its divestment strategy for its merger with Albertsons.