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NORTHVILLE Price Chopper/Market 32 and Tops markets will be merging in the Northeast, nearly doubling their footprint.
The grocery store chains made the announcement on Monday that they have entered into a definitive merger agreement that creates a powerful alliance between the two independent grocery chains, as it nearly doubles their collective footprint in the Northeast, according to a press release.
Local Price Chopper/Market 32 stores are located in Johnstown, Gloversville, Amsterdam and Palatine Bridge. A local Tops is located in Northville.
“This is really wonderful and exciting news for our teammates, our customers and the communities that we serve,” said Mona Golub, Price Chopper/Market 32 representative.
Business Monday: Price Chopper/Market 32 to merge with Tops Markets
The merger will nearly double the collective footprint of the two chains, which own stores in Connecticut, Massachusetts, New Hampshire, New York, Vermont, and Pennsylvania.
Schenectady / Williamsville, N.Y. Price Chopper/Market 32 and Tops Markets today announced they have entered into an agreement that nearly doubles the collective Northeast footprint of the two independent grocery chains.
Scott Grimmett, Price Chopper/Market 32 president and CEO, will be CEO of and serve on the board of directors of the new parent company, which will oversee the operations of nearly 300 Price Chopper, Market 32, Market Bistro, and Tops Markets stores, and collectively employ more than 30,000 people. Frank Curci, Tops Markets chairman and CEO, will also serve on the board and as a consultant to assist in the transition. Blaine Bringhurst, Price Chopper/Market 32 executive VP of merchandising, marketing, and store operations, wi
By Ross Wilkers
Feb 10, 2021
QuantiTech has completed a third transaction with the backing of its private equity owner that represents a larger step for the government services company.
Huntsville, Alabama-based QuantiTech said Wednesday it has merged with Millennium Engineering and Integration, or MEI, in a deal to create a more formidable middle-tier market player. Terms of the transaction were not disclosed.
This merger comes nearly seven months after Sagewind Capital first announced its investment in QuantiTech, which subsequently used that backing to acquire Dynamic Concepts Inc. for more of a presence in space programs. Deal number two for QuantiTech was for the Systems Engineering Group formerly owned by Griffin Corp.
/PRNewswire/ Price Chopper/Market 32 and Tops Markets today announced that they have entered into a definitive merger agreement that creates a powerful.