Supervalu Divests Store Fixtures Unit

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Supervalu Divests Store Fixtures Unit

03/10/2010
Supervalu, Inc. has sold its Payson Store Fixtures division to Boston-based DGS Retail Inc. for an undisclosed amount, according to Quazar Capital Corp., the Minneapolis-based investment banking firm that represented Payson on the deal.

A designer and manufacturer of a broad range of fixtures, millwork and décor elements for supermarkets, pharmacies and other retailers, Payson was acquired by Minneapolis-based Supervalu as part of its 2006 acquisition of the Boise, Idaho-based Albertsons.

Like Payson, DGS also designs and manufactures custom décor, millwork and store fixtures for major retailers, including grocers, pharmacies and boutique retailers.