Marsh seeks to sell VW store, 25 others

Staff and wire reports

FISHERS, Indiana — According to a bankruptcy court document, two Ohio-based grocery chains have agreed to buy 26 of Marsh Supermarkets’ 44 remaining stores, including the Marsh store in Van Wert, for a total of $24 million.

The court filing posted Tuesday says Fishers-based Marsh is seeking court approval to sell 11 stores to Kroger Company subsidiary Topvalco Inc. for $16 million and 15 stores to Findlay-based Fresh Encounter’s parent company Generative Growth LLC for about $8 million.

Topvalco agreed to buy three stores in Bloomington; two each in Indianapolis, Muncie and Zionsville, and single stores in Fishers and Greenwood.

Generative Growth agreed to buy two Indianapolis stores; other Indiana stores in Columbus, Elwood, Greensburg, Hartford City, Marion, New Palestine, Pendleton, Richmond, and Tipton; and Ohio stores in Eaton, Middletown, and Troy, in addition to Van Wert.

Marsh closed 19 stores in May.