SpartanNash to acquire Martin’s Super Markets

SpartanNash Company (Nasdaq: SPTN) reached an agreement to acquire Martin’s Super Markets, Inc., a leading family-owned and operated Midwest independent supermarket chain, in a transaction that will expand its corporate retail footprint into the adjacent markets of northern Indiana and southwestern Michigan. Founded in 1947 and headquartered in South Bend, Indiana, Martin’s currently operates 21 stores in Northern Indiana and Southwest Michigan with approximately 3,500 employees. For the fiscal year ended July 29, 2018, Martin’s had more than $450 million in net sales. "Our long-standing relationship has built the foundation for our future success and will enable us to grow our corporate retail business in Indiana and Michigan consistent with our long-term strategic growth strategy." said David Staples, SpartanNash Company’s President and Chief Executive Officer.