LRC provided counsel related to the C&S/SEG supply agreement, secured financing provided by C&S, and SEG’s restructuring process. Richard Cobb, Matthew McGuire and Kerri Mumford led the LRC team in this matter.
C&S is the largest wholesale grocery supply company in the U.S. and the lead supply chain company in the food industry. Currently, C&S serves about 6,500 stores from more than 50 locations in 15 states. Among its customers are many of America’s best known companies, including Stop & Shop, Giant of Carlisle, Giant of Landover, BI-LO/Winn-Dixie, Safeway, and Target.
SEG, parent company of BI-LO, Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, is one of the largest conventional supermarket companies in the U.S. SEG grocery stores, liquor stores and in-store pharmacies serve communities throughout the seven southeastern states of Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina and South Carolina.