Future Retail has announced its plans to acquire the retail and allied businesses of Heritage Foods for Rs3bn ($44.86m).
Future Retail is an operator of multiple retail formats, including Big Bazaar, fbb and eZone, while Heritage Foods is a dairy products provider.
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Both companies involved in the transaction are based in India.
The deal is expected to help Future Retail expand its presence in Southern India.
SpartanNash has signed an agreement to acquire the assets of Caito Foods Service and Blue Ribbon Transport for $217.5m.
SpartanNash is a multi-regional grocery distributor and retailer, while Caito is a fresh fruit and vegetables supplier, and Blue Ribbon Transport is a food and beverage and logistics services provider.
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By GlobalDataUnder the terms of the agreement, SpartanNash will acquire Caito’s produce distribution and fresh cut fruits and vegetables business, and the logistics business of Blue Ribbon.
The companies involved in the transaction are based in the US.
