Spartan completes Felpausch transaction

Spartan Stores Inc has completed the previously announced acquisition of 20 retail grocery stores, two fuel centers, and three convenience stores from
July 1, 2007

Spartan Stores Inc has completed the previously announced acquisition of 20 retail grocery stores, two fuel centers, and three convenience stores from G&R Felpausch Co, a privately held Hastings MI-based retail grocery operator and distribution customer.

The transaction is expected to increase Spartan's annual retail segment sales by about $200 million. Consolidated sales are expected to rise by approximately $100 million, as Felpausch is an existing distribution customer.

Grand Rapids MI-based Spartan is the nation's tenth-largest grocery distributor with warehouse facilities in Grand Rapids and Plymouth MI. The company distributes more than 40,000 private-label and national brand products to nearly 400 independent grocery stores in Michigan, Indiana, and Ohio.

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