C&S Wholesale to Acquire Fleming
By George Anderson
C&S Wholesale Grocers of Brattleboro, Vt. is set to acquire Fleming’s
wholesale operations after the parties announced they reached a tentative deal.
Terms of the agreement have yet to be released.
The deal still needs approval from the U.S. Bankruptcy Court in Delaware before
it can be finalized. C&S will takeover exiting Fleming operations and “immediately
begin supplying its customers with food”, according a Dow Jones newswire
report.
Moderator’s Comment: What are your thoughts on C&S
Wholesale Grocers deal to takeover Fleming’s wholesale grocery business?
C&S is a smart operator that has done well against
bigger competitors. With the Fleming acquisition, it will become much larger
and cover a much wider geography. Here’s hoping Fleming’s problems do not now
become C&S’s. [George
Anderson – Moderator]