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State Street Acquired by Walmart | Logistics M&A Deal

Closed
Logistics & TransportationCaliforniaDivestiture

Deal Overview

Walmart has completed the acquisition of State Street, a warehousing distribution business in California, for $223M. State Street operates a 507,000-square-foot cold-storage facility in Riverside, supporting refrigerated logistics for grocery and retail supply chains. Walmart acquisitions in logistics M&A expand strategic capacity for temperature-controlled warehousing distribution acquisition across CA acquisitions. The divestiture acquisition is a strategic acquisition by a strategic buyer, with Walmart acting as the strategic acquirer in logistics deals CA.

Key Details

Transaction
Walmart acquires State Street
Deal Size
Over $100M
Reported Value
$223M

Source

Read full article on commercialobserver.com

via Commercial Observer — All · May 28, 2026

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