Consumer | Mergers & Acquisitions

Foodarama Stores Sold to Grand Union

Foodarama Supermarkets, Inc. (AMEX: FSM) is a leading regional owner and operator of Shop-Rite supermarkets with over $1 billion in annual sales
TM Capital was retained by Foodarama to pursue the divestiture of the company’s Long Island, NY supermarkets
TM Capital completed the sale of this division to Grand Union Co. for $20 million in cash

has sold its New York stores to

Foodarama Stores Sold to Grand Union

TM Capital completed the $20 million sale of the NY division of Foodarama Supermarkets, Inc. (AMEX) to Grand Union Co.

For more information, contact our consumer team at:

consumer@tmcapital.com

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