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C&S Wholesale Grocers and Sedano's Supermarkets Forge Strategic Supply Partnership
C&S Wholesale Grocers (C&S) today announced it has signed a new supply agreement with Sedano's Supermarkets, Florida's leading Hispanic grocery, designating C&S as its primary supplier.
"We're excited for our partnership with Sedano's Supermarkets — a grocer that has been at the heart of the Hispanic community for more than six decades," stated Eric Winn, Chief Executive Officer, C&S. "The Southeast continues to be an important driver for our long-term growth, and this is another critical partnership that broadens our impact across...
Burger King China Embarks on Strategic Growth with RBI and CPE Partnership
Restaurant Brands International, Inc. (RBI) and CPE recently announced the completion of their previously unveiled joint venture, marking a significant milestone in Burger King China's next phase of growth.
This deal is the epitome of strategic growth planning, with the beloved brand joining forces with the local market expertise of CPE.
Upon finalizing the deal, CPE's $350 million investment of new primary capital into the joint venture will secure approximately 83% of the business, while RBI retains a 17% minority interest and...
Expana's Weekly Top 10: Stories Making Waves Across Global Markets
Throughout the week, Expana’s team of dedicated journalists connects the industry with the “how” behind market dynamics, providing a comprehensive space for the market-moving stories shaping global headlines.
With so much information to filter through, Expana is connecting the dots with its weekly roundup of the top ten stories making waves — in no particular order.
10. USDA Launches New World Screwworm Grand Challenge
The USDA announced the launch of the New World Screwworm (NWS) Grand Challenge following reports that the flesh-eating parasitic...
Grubhub Parent Wonder Acquires Restaurant Rewards App Claim
Grubhub's parent company, Wonder, has announced the acquisition of Claim, a restaurant rewards app that offers exclusive cash-back rewards for dine-in or pick-up orders at local restaurants.
This acquisition promises significant benefits for both restaurants and diners within Grubhub's network. Restaurants can leverage Claim's powerful guest acquisition and retention tools, while diners can enjoy more savings and get paid to eat out.
Claim simplifies the dining experience by automatically recognizing qualifying transactions at the point of payment, without any need for codes or scanning...
Andrews Meat Industries Acquires Prime Cut Meats to Boost Turnover and Expand Distribution
Andrews Meat Industries (AMI), part of the JBS Australia food group, has acquired Queensland-based foodservice wholesaler Prime Cut Meats (PCM). This strategic acquisition is expected to increase AMI's turnover to over $650 million in the coming financial year.
Both family-managed businesses, AMI and PCM, share a commitment to quality and service, making this partnership a natural fit. AMI CEO Peter Andrews expressed confidence that the acquisition will augment PCM's reputation and enhance distribution capabilities in Queensland...
Wayne-Sanderson Farms Acquires Harrison Poultry
Wayne-Sanderson Farms has acquired Harrison Poultry, a Georgia-based producer of chicken products, which was founded in 1958.
The acquisition, effective immediately, includes the full transfer of Harrison Poultry’s assets, spanning live production, a hatchery, a feed mill, manufacturing operations, transportation, and related facilities in the Bethlehem and Crawfordville regions of Georgia, Wayne-Sanderson Farms said.
Integrated operations between the two companies are expected to begin immediately, with minimal disruption to day-to-day business.
Wayne-Sanderson Farms said it began evaluating the acquisition earlier this year
Convenience Store M&A Activity Suggests More Consolidation is Coming
The pace of merger and acquisition activity in the U.S. convenience store sector is accelerating with recent trends suggesting the nation’s c-store landscape is ripe for more change. While most of the transactions in 2024 involved smaller chains or single-store operators, several larger operators inked deals to significantly expand their footprints into new regions.
According to a new research brief from CoBank’s Knowledge Exchange, c-store consolidation stands to disproportionally affect rural communities, many of which lack a grocery store or access...
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