Martin’s currently operates 21 stores in the US. Credit: TylerWojciak.

Grocery store retailer SpartanNash has closed the previously announced acquisition of Martin’s Super Markets, for an undisclosed amount.

Established in 1947, Martin’s currently operates 21 stores in Northern Indiana and Southwest Michigan and employs around 3,500 associates.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The deal, which was announced in November last year, covers all 21 Martin’s supermarkets, eight Fuel Centers, 17 in-store pharmacies, a pharmacy at Saint Joseph Health System in Mishawaka, Indiana, a Martin’s Express convenience store in South Bend, Indiana and a Side Door Café at Elkhart General Hospital.

At the time of the announcement, SpartanNash president and CEO David Staples said: “We look forward to working with members of the team to continue to deliver the quality shopping experience and high level of customer service to Martin’s customers.

“We believe this investment in our corporate retail business will help us take full advantage of our opportunities to generate value for all SpartanNash stakeholders.”

“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.

“We also believe this investment in our corporate retail business will help us take full advantage of our opportunities to generate value for all SpartanNash stakeholders.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Boutique investment banking firm The Food Partners acted as financial advisor while Warner Norcross & Judd acted as legal advisor to SpartanNash on this transaction.

Investment banking company PJ Solomon acted as financial advisor and Simpson Thacher & Bartlett acted as legal advisor to Martin’s.

SpartanNash currently operates 139 supermarkets under Family Fare Supermarkets, D&W Fresh Market, VG’s Grocery, Dan’s Supermarket and Family Fresh Market brands.

The company has a presence in 50 US states and the District of Columbia, Europe, Cuba, Puerto Rico, Bahrain, Djibouti and Egypt.