Fleming Sells Core Business to 4 Firms
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Grocery distributor Fleming Cos. has sold its core business to four firms instead of the single buyer that had been identified.
Fleming said in a regulatory filing Monday that it sold wholesale-distribution facilities in California, Hawaii and Wisconsin to C&S; Wholesale of Vermont; a plant in Garland, Texas, to Grocers Supply Co. of Houston; Miami operations to Associated Grocers of Florida; and facilities in the Midwest and Southeast to Associated Wholesale Grocers of Kansas City, Mo.
Terms of the sales were not disclosed. Fleming previously had agreed to sell all the facilities to C&S; for $400 million.
Fleming filed for bankruptcy protection in April.
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