Grocery industry wholesale supplier and retailer C&S Wholesale Grocers will purchase the nearly 200-store SpartanNash chain for $1.77 billion, including assumed net SpartanNash debt. The deal, expected to close later in 2025, represents a purchase price of $26.90 per share of SpartanNash common stock, a 42% premium over the stock’s 30-day volume-weighted average stock price as of June 20, 2025.
The combined organization will operate nearly 60 complementary distribution centers covering the U.S., serving close to 10,000 independent retail locations as well as operating more than 200 corporate-run grocery stores.
“C&S and SpartanNash share many of the same values, including a strong emphasis on customers, teamwork and our communities,” said Eric Winn, CEO of C&S Wholesale Grocers in a statement. “The combination of our two companies’ capabilities puts our collective customers’ stores and our own retail stores at the center of the plate, supporting their ability to thrive in a highly dynamic and competitive environment.”
“For our customers, this transaction creates the necessary scale, efficiency and purchasing power needed to enable independent retailers to compete more effectively with larger big-box chains,” said Tony Sarsam, President and CEO of SpartanNash in a statement. “A thriving hometown grocery store supports local farmers, bolsters the local economy and enhances the overall health and well-being of the community.”
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SpartanNash retail stores operate under the Family Fare, Martin’s Super Markets and D&W Fresh Market banners, as well as dozens of pharmacies and fuel centers, and also provides support services for independent grocers. Both companies’ boards have unanimously approved the purchase, which awaits customary closing conditions, including SpartanNash shareholder approval and applicable regulatory approvals.
