Nash Finch Company (NASDAQ:NAFC) today announced that it entered into a
settlement agreement with Roundy’s Supermarkets, Inc. that resolves the
lawsuit filed in 2008 related to Nash Finch’s 2005 acquisition of two
Roundy’s Distribution Centers. Under the terms of the settlement, Nash
Finch and Roundy’s Supermarkets agreed to dismiss their claims against
the other, in exchange for a release of claims. Neither Nash Finch nor
Roundy’s Supermarkets is required to make any payments to the other
under the terms of the settlement agreement.
"We are pleased to put this dispute behind us and continue our focus on
serving the needs of our customers, including the valued customers who
joined the Nash Finch family through this acquisition,” said Alec
Covington, CEO and President of Nash Finch.
About Nash Finch
Nash Finch is a Fortune 500 company and one of the leading food
distribution companies in the United States. Nash Finch's core business,
food distribution, serves independent retailers and military
commissaries in 36 states, the District of Columbia, Europe, Cuba,
Puerto Rico, the Azores and Egypt. The Company also owns and operates a
base of retail stores, primarily supermarkets under the Econofoods(R),
Family Thrift Center(R), AVANZA(R) and Sun Mart(R) trade names. Further
information is available on the Company's website, www.nashfinch.com.