supervalu

Supervalu has completed its acquisition of Unified Grocers in a transaction valued at $390 million.

The purchase is comprised of $114 million in cash to Unified Grocers’ shareholders for all of the outstanding stock of Unified Grocers plus the assumption and pay-off at closing of Unified Grocers’ net debt of approximately $276 million.

The transaction will merge two highly complementary grocery wholesale organizations with combined sales…