SuperValu Inc. (NYSE: SVU) is a United States grocery retailer and distributor. The corporation is headquartered in Eden Prairie, Minnesota, and has been in business for over a century. It is the third-largest food retailing company in the United States and ranks #51 on the Fortune 100 list.
On January 23, 2006, SuperValu announced that it, along with a collection of investors including CVS Corporation, Kimco Realty, and Cerberus Group had agreed to acquire Boise, Idaho-based Albertsons, Inc for $9.7 billion. The sale was approved by the shareholders of both Supervalu and Albertsons on May 30, 2006 . The acquisition was completed on June 2, 2006.
SuperValu acquired over 1100 stores in the deal including:
Acme (134 locations)
Acme Express, Jewel Express, and Albertsons Express (107 fuel centers)