Kroger - M&A Summary and Business Overview

RetailCompany

Kroger M&A Summary

Kroger has acquired 14 companies, including 2 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 3 assets.

Kroger’s largest acquisition to date was in 2022, when it acquired Albertsons Companies for $24.6B. Kroger has acquired in 11 different US states. The Company’s most targeted sectors include retail (50%) and healthcare services (15%).

Kroger Business Overview

Where is Kroger headquartered?

Kroger is headquartered in Cincinnati, Ohio.

What is Kroger’s revenue?

Kroger disclosed revenue of 147,123M USD for 2025 and 150,039M USD for 2024.

How many employees does Kroger have?

Kroger has 409,000 employees.

What sector is Kroger in?

Kroger is a retail company.

When was Kroger founded?

Kroger was founded in 1883.

M&A Summary

  • M&A Total Activity17
    • M&A Buy Activity14
    • M&A Sell Activity3
  • Total Sectors Invested 7
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 10
  • M&A Advisors 6

Kroger

The Kroger Co.

1014 Vine Street,
Cincinnati, Ohio 45202
United States,
(513) 762-4000
www.thekrogerco.com

Kroger operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the United States under a variety of brands. The Kroger was formed in 1883 and is based in Cincinnati, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.4/yr) # 12 - 1 - 1 - 14
vol $16.6B $24.6B $41.2B
Sell (0.2/yr) # 2 - - - 1 - 3
  17

Most Recent M&A

Company Date Value Type
Kroger Specialty Pharmacy 2024-03-18 - Divestiture
Cincinnati, Ohio
MPearlRock LP 2024-01-13 - Joint Venture
Palm Beach Gardens, Florida · www.mpearlrock.com
Albertsons Companies, Inc. 2022-10-14 24.6B USD Add-on Acquisition
Boise, Idaho · www.albertsonscompanies.com
Turkey Hill Dairy 2019-03-19 - Divestiture
Conestoga, Pennsylvania · www.turkeyhill.com
YOU Technology Brand Services, Inc. 2018-12-18 - Divestiture
South San Francisco, California · www.you.net
Relish Labs LLC 2018-05-23 - Add-on Acquisition
Chicago, Illinois · www.homechef.com
Murray's Cheese 2017-02-07 - Merger
New York, New York · www.murrayscheese.com
Modern Healthcare, Inc. 2016-09-02 - Add-on Acquisition
Orlando, Florida · www.modernhealthinc.com
Roundy's, Inc. 2015-11-11 800M USD Add-on Acquisition
Milwaukee, Wisconsin · www.roundys.com
Vitacost.com, Inc. 2014-07-02 280M USD Add-on Acquisition
Boca Raton, Florida · www.vitacost.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Retail 7 (50%) 40.9B (99%) 1 (33%) -
Healthcare Services 2 (14%) - - -
Food 1 (7%) - 1 (33%) -
Internet Software and Services 1 (7%) - 1 (33%) -
Business Services 1 (7%) - - -
E-Commerce 1 (7%) 280M (1%) - -
Life Science 1 (7%) - - -
Total 14 $41.2B 3 -

By Geo

State/Country Buy Value Sell Value
United States 14 41.2B 3 -
  Florida 4 280M - -
  California 1 - 1 -
  Tennessee 1 - - -
  Oregon 1 13.0B - -
  North Carolina 1 2.5B - -
  New York 1 - - -
  Nebraska 1 - - -
  Indiana 1 - - -
  Illinois 1 - - -
  Idaho 1 24.6B - -
  Wisconsin 1 800M - -
  Pennsylvania - - 1 -
  Ohio - - 1 -
Total 14 $41.2B 3 -

Top M&A Advisors

Financial Deals
Goldman Sachs
1
Wells Fargo Securities
1
RBC Capital Markets
1
Legal Deals
Weil Gotshal & Manges
3
Arnold & Porter
2

Deal Values

buy # Total
> $1B 3 $40.1B
$100M to $1B 2 $1.1B
TOTAL $41.2B
Largest Albertsons Companies, Inc.
$24.6B (2022-10-14)

M&A Connections

Deals
Acquired from
Investor(s)
29%
4 (29%)
Strategic(s)
14%
2 (14%)
Divested to
Investor(s)
33%
1 (33%)
Strategic(s)
67%
2 (67%)

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