![]() |
Joele Frank and Brunswick Group are working Kroger's $24.6B acquisition of Albertsons to create a supermarket chain that spans the US.
The combined entity will have about 5,000 stores and 700K employees.
Kroger's family of companies includes Ralph's, Fred Meyer, Food 4 Less, Kroger, Pay-Less Super Markets, King Scoopers, Dillons, City Market, Pick' n Save and Fry's.
Albertsons' brands include Safeway, Vons, Jewel Osco, Shaw's, Acme, Albertsons, Kings, Lucky and Tom Thumb.
The deal joins two "purpose-driven organizations to deliver superior value to customers, associates, communities and shareholders," said Kroger CEO Rodney McMullen.
He said the addition of Albertsons "advances our commitment to build a more equitable and sustainable food system" and "accelerates our position as a more compelling alternative to larger and non-union competitors."
Joele Frank, Wilkinson Brimmer Katcher's Steve Frankel, Mahmoud Siddig, Tim Lynch and Lucas Pers handle Kroger.
Brunswick Group's Jayne Rosefield, Matt Dowe and Dave Carlson represent Albertsons.


Teneo represents American Ocean Minerals Corp as its merges with NASDAQ-listed Odyssey Marine Exploration to create a $1B deep-sea critical minerals research and mining platform that is under US-control.
Kekst CNC represents Cleveland-based Everstream as the business-only fiber network receives bankruptcy court approval for the sale of almost all of its operations to Bluebird Fiber for $385M.
FTI Consulting handles media for McCormick as the 137-year-old flavors company combines with Unilever Foods in a deal valued at $45B.
Edelman Smithfield handles Sysco as the world's largest food-away-from-home distributor acquires Foxcroft Strategy Group client Jetro Restaurant Depot, which serves delis and mom & pop shops, in a deal valued at $29B.
FGS Global represents Brown-Forman Corp. as it confirms merger discussions with French liquor giant Pernod Ricard.



