C&S Wholesale Grocer’s bid to purchase Associated Wholesalers (AWI) and its subsidiaries was approved. The acquisition is anticipated to be finalized by Nov. 11. Upon finalization, C&S will acquire AWI and its subsidiaries’ assets along with 2,200 employees.
AWI operates two distribution centers and offers retail services. The company’s subsidiaries include White Rose, which operates three distribution centers, along with Nell’s Shurfine Markets, which operates four retail locations.
“We are excited to have the opportunity to partner with Associated Wholesalers’ and White Rose’s strong team and customer base of independent grocers,” said Rick Cohen, C&S chairman and CEO in a statement. “My grandfather founded C&S to supply independent retailers, and while we now proudly service grocers of all sizes, this transaction will give us an even greater capacity to provide the unique services required by independent and regional chains.”
AWI entered Chapter 11 bankruptcy two months ago. C&S and Supervalu placed bids for AWI.
“Our first priority is to provide exceptional service to the customers, especially as we approach the holiday season,” said Christopher Brown, C&S SVP of independent sales in a statement. “We are committed to maintaining and enhancing the services provided to the numerous retailers who have relied on AWI and White Rose for their grocery supply needs.”