Certified Grocers and four of its members acquires nine Petrini’s grocery stores from Bay Area Foods, Inc.

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Transactions

Certified Grocers and four of its members have acquired nine Petrini’s grocery stores from Bay Area Foods, Inc.

Kerlin assisted Certified in evaluating the grocery store properties, developed a proposal that enabled Certified to secure exclusive control of the properties, and created an internal bidding process to allow Certified’s retail members to purchase the individual stores. As part of the transaction with retail members, Certified obtained new and/or improved supply contracts from the new and existing retail customers.