Caito Foods Acquisition Complete

Caito Foods was founded in 1965.

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Michigan-based SpartanNash (Nasdaq: SPTN) has completed its $217 million acquisition of Indianapolis-based Caito Foods Service and its logistics affiliate, Blue Ribbon Transport. The deal includes Caito’s recently-built $32 million Fresh Kitchen facility.

SpartanNash says the transaction, which was announced in November, includes Caito’s produce distribution business, fresh cut fruits and vegetables business and BRT’s logistics business. Caito supplies fresh fruit and vegetables to grocery retailers and food service distributors in 22 states.

"Caito’s service area also is complementary to our current distribution footprint, and we look forward to serving customers in new areas in addition to enhancing our offerings to existing customers," said Dennis Eidson, chief executive officer of SpartanNash. "This acquisition further strengthens our platform and enhances our ability to help our customers serve their consumers, benefiting our associates and the communities we serve."

SpartanNash did not state whether any jobs would be affected by the acquisition.