Kroger finishes Roundy’s acquisition

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1989
Kroger finishes Roundy's acquisition

The Kroger Co. has recently completed its acquisition of Roundy’s Inc. The completed acquisition means that Kroger is now the grocery market share leader in metro Milwaukee.

“This merger blends Roundy’s complementary markets with Kroger’s strengths in scale and merchandising,” said Rodney McMullen, Kroger’s chairman and CEO, in a release. At the moment, Roundy’s Pick ‘n Save has roughly 39 per cent of the Milwaukee market. Additionally, the recent acquisition gives Kroger Roundy’s 32 per cent share of the grocery market in the state of Wisconsin.

Kroger, considered one of the world’s largest retailers, has more than 422,000 employees in 2,774 supermarkets and multi-department stores in 35 states and the District of Columbia.

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