Albertsons, Sprouts Reportedly In Merger Talks

Sprouts-Line

According to a Bloomberg report Sunday, Albertsons Cos. is in preliminary discussions to merge with organic grocer Sprouts Farmers Market. The report cites “people with knowledge of the matter.” Representatives of the companies have not commented.

A deal would take Phoenix, Arizona-based Sprouts private. Albertsons, backed by Cerberus Capital Management, is among the largest grocery chains in the nation and operates under multiple banners, including Safeway, which it acquired in early 2015. The company is headquartered in Boise, Idaho, but operates stores across the nation.

Sprouts has more than 250 stores in 13 states.

About The Author

A former newspaper editor and publisher who has handled digital duties for The Shelby Report since 2011. She once enjoyed leisurely perusing the grocery store aisles but, since having a baby in 2016, is now an enthusiastic click-and-collect shopper.

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