SpartanNash Shareholders Approve Merger with C&S Wholesale.

SpartanNash shareholders have approved the merger with C&S Wholesale Grocers, with approximately 82.1% of outstanding shares voting in favor of the deal. The merger is set to close on December 16, following regulatory approval. The combined company will be the largest grocery wholesaler in the US, with a significant presence in the Northeast and Midwest regions.

SpartanNash (NASDAQ: SPTN) shareholders have overwhelmingly approved the merger with C&S Wholesale Grocers, with approximately 82.1% of outstanding shares voting in favor of the deal. The merger, which will create the largest grocery wholesaler in the United States, is expected to close on December 16, following regulatory approval [1].

The acquisition price stands at $26.90 per share, representing a total consideration of $1.77 billion, including assumed net debt. This price marks a 52.5% premium over SpartanNash's closing price on June 20, the last trading day before the deal announcement [1]. The merger will be a significant milestone for both companies, combining SpartanNash's Northeast and Midwest presence with C&S's extensive national footprint.

C&S Wholesale Grocers, founded in 1918, is a leading innovator in supply chain solutions and currently supplies over 7,700 independent supermarkets, chain stores, military bases, and institutions across the U.S., offering a portfolio of nearly 137,000 different products [1]. The combined company will leverage C&S's extensive network and SpartanNash's regional expertise to strengthen its position in the market.

Shares of SpartanNash (SPTN) edged 0.7% higher in premarket action to $26.89, reflecting investor optimism about the potential synergies and growth opportunities presented by the merger [1]. The transaction is expected to close before the end of the year, subject to regulatory approval.

This merger signals a significant shift in the grocery wholesaling industry, positioning the combined entity as a dominant player in the U.S. market. Investors and financial professionals are closely watching the progress of this deal, as it promises to reshape the competitive landscape and potentially drive industry consolidation.

References:
[1] MicroStockHub Shareholders with SpartanNash (NASDAQ:SPTN) voted at a special meeting to approve the company's merger with C&S Wholesale Grocers. Holders of approximately 82.1% of the outstanding shares of common stock formally voted to adopt the merger agreement. The company will be acquired by C&S for a purchase price of $26.90 per share, representing total consideration of $1.77 billion, including assumed net debt. The transaction price represents a 52.5% premium over SpartanNash's (NASDAQ:SPTN) closing price on June 20, the last trading day before the deal announcement. C&S Wholesale Grocers is the largest wholesale grocery supply company in the United States and a leading innovator in supply chain solutions. Founded in 1918 by Israel Cohen in Worcester, Massachusetts, the company began as a supplier to independent grocery stores and has since grown into a national powerhouse headquartered in Keene, New Hampshire. C&S supplies more than 7,700 independent supermarkets, chain stores, military bases, and institutions across the U.S., offering a portfolio of nearly 137,000 different products. The transaction is expected to close before the end of the year. Shares of SpartanNash (SPTN) edged 0.7% higher in premarket action to $26.89. More on SpartanNash SpartanNash Company: This Deal Tastes Bittersweet (Rating Downgrade) SpartanNash reports mixed Q2 results; withholds guidance due to pending transaction SpartanNash Q2 2025 Earnings Preview Seeking Alpha’s Quant Rating on SpartanNash Historical earnings data for SpartanNash.