SpartanNash to Acquire Metcalfe's Market

SpartanNash today announced its acquisition of Metcalfe's Market, a three-store grocery chain in Wisconsin. Upon close of the sale, the Madison and Wauwatosa, Wisconsin locations will be continuing employment for all employees. The Metcalfe's Market storefront, branding, and core shopper experience will remain in place.

Founded in 1917 by Henry and Teresa Hess, Metcalfe's Market specializes in premium quality foods, sustainability practices, and a focus on local products featuring Metcalfe's Food Miles program. Former owners Tim and Kevin Metcalfe, the great-grandsons of Metcalfe's Market founders, will join SpartanNash.

"Metcalfe's Market has been a successful family-owned and operated business for four generations, and we are honored that the Metcalfe family is entrusting SpartanNash to build upon their legacy and bring new offerings to its team members and grocery shoppers," said SpartanNash CEO Tony Sarsam, in a statement. "As a People First company, we welcome Tim, Kevin and the entire Metcalfe's Market team into the SpartanNash family, and we look forward to earning the loyalty of our newest store guests."

Metcalfe's Market will expand SpartanNash's footprint in Wisconsin to seven stores. 

"We are incredibly grateful for the support of our communities for more than a century, and we are confident that with SpartanNash, guests at Metcalfe's Market will continue to enjoy the same high level of service, quality and variety of products they have come to expect here at Metcalfe's," said Tim Metcalfe, co-owner of Metcalfe's Market, in a statement.

The transaction is expected to be completed in spring 2024, subject to customary closing conditions. Terms of the deal were not disclosed.