Kings Food Markets

Parsippany Troy Hills, United States Founded: 1936 • Age: 90 yrs Acquired By KB holding
Grocery delivery and pickup services are provided online.
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About Kings Food Markets

Kings Food Markets is a company based in Parsippany Troy Hills (United States) founded in 1936 was acquired by KB holding in August 2016.. Kings Food Markets has completed 1 acquisition, including Balducci's.

  • Headquarter Parsippany Troy Hills, United States
  • Email
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  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    KB holding

    & 1 more

    (Aug 10, 2016)

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Funding Insights of Kings Food Markets

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2006 Amount Private Equity Round - Kings Food Markets Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Kings Food Markets

Kings Food Markets has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Marks & Spencer, Angelo Gordon and KB holding. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Company buyouts are targeted by this private equity firm.
Founded Year Domain Location
Marks & Spencer is engaged in retail of clothing, homeware, and food.
Founded Year Domain Location
Offers end-to-end software development services, including design, coding, and maintenance.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Kings Food Markets

Kings Food Markets has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Balducci's. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Multi-category food and beverages brand
1916
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Kings Food Markets

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Kings Food Markets Comparisons

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Competitors of Kings Food Markets

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Kings Food Markets

Frequently Asked Questions about Kings Food Markets

When was Kings Food Markets founded?

Kings Food Markets was founded in 1936 and raised its 1st funding round 70 years after it was founded.

Where is Kings Food Markets located?

Kings Food Markets is headquartered in Parsippany Troy Hills, United States. It is registered at Parsippany Troy Hills, New Jersey, United States.

Who is the current CEO of Kings Food Markets?

Judy Spires is the current CEO of Kings Food Markets.

What does Kings Food Markets do?

Kings was founded in 1936 and is headquartered in Parsippany Troy Hills, United States, operating in the grocery retail sector. Online ordering for home delivery or in-store pickup of items such as fresh produce, meat, seafood, bakery goods, and household essentials is enabled. Account and order management, loyalty programs, weekly ad browsing, and shopping list tools are supported. A money-back guarantee is extended to select products.

How many acquisitions has Kings Food Markets made?

Kings Food Markets has made 1 acquisition, including Balducci's.

Who are Kings Food Markets's investors?

Kings Food Markets has 3 investors. Key investors include Marks & Spencer, Angelo Gordon, and KB holding.

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