Union Grocery acquired by Imperial
NEW ALBANY — Imperial Trading Co. of Elmwood, La., has acquired Union Grocery, a grocery distributor founded in 1952 in New Albany.
Terms of the deal were not disclosed.
ITC spokesman Keith Beba said Union Grocery would operate as a division of ITC. He said the 45 employees will remain with the company.
Beba says the acquisition will allow ITC to become the nation’s ninth-largest convenience store wholesaler and one of the largest private companies in the region. ITC is an affiliate of Georges Enterprises, LLC.
Union Grocery services large supermarkets and convenience stores.
Imperial services more than 3,000 retailers in a nine-state region.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Warden who lives hundreds of miles from jail resigns
- Jail kitchen supervisor pleads guilty to stealing food
- BankPlus recognized for alternative program to payday lending
- Top 10 finalists chosen for C Spire Conerly Trophy
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Analyst: KiOR Columbus plant may end up sold as scrap
- Ex-MDEQ leader Fisher joins Butler Snow
- State’s new banking chief Charlotte Corley has deep roots in the business
- Stricklin: Deer parasites don't affect quality of venison