December 18, 2017 5:55 PM ET

Food and Staples Retailing

Company Overview of Marsh Drugs LLC

Company Overview

Marsh Drugs LLC owns and operates pharmacies. The company was incorporated in 1997 and is based in Indianapolis, Indiana. Marsh Drugs LLC operates as a subsidiary of Marsh Supermarkets Company, LLC. On May 11, 2017, Marsh Drugs LLC filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware. It is in joint administration with Marsh Supermarkets Company, LLC.

9800 Crosspoint Boulevard

Indianapolis, IN 46256

United States

Founded in 1997

Phone:

317-594-2100

Key Executives for Marsh Drugs LLC

Marsh Drugs LLC does not have any Key Executives recorded.

Marsh Drugs LLC Key Developments

Motion for Asset Sale Approved for Marsh Supermarkets Company, LLC

The US Bankruptcy Court ordered approving the sale of certain assets of Marsh Supermarkets Holding, LLC on June 21, 2017. As per the order, the Court has authorized the debtor to sell its 15 stores located at Columbus, Indiana communities of New Palestine, Marion, Hartford City, Elwood, Tipton, Pendleton, Richmond, Greensburg and two stores in Indianapolis, plus Ohio stores in Troy, Van Wert, Middleton and Eaton to Generative Growth II, LLC for a purchase price of $7.8 million pursuant to asset purchase agreement entered on June 21, 2017.

Motion for Asset Sale Approved for Marsh Supermarkets Company, LLC

The US Bankruptcy Court ordered approving the sale of certain assets of Marsh Supermarkets Holding, LLC on June 15, 2017. As per the order, the Court has authorized the debtor to sell its 11 stores that includes two each in Indianapolis, Zionsville, Bloomington and Muncie and single stores in Fishers, Browsburg and Greenwood to TopValco, Inc. for a purchase price of $15.6 million plus assumption of assumed liabilities pursuant to asset purchase agreement entered on June 15, 2017. TopValco, Inc. was the successful bidder at auction.

Notice of Successful Bidder Filed by Marsh Supermarkets Company, LLC

Marsh Supermarkets Holding, LLC filed a notice of successful bidders related to sale of certain assets in the US Bankruptcy Court on June 13, 2017. As per the notice, TopValco, Inc. is the successful bidder with a purchase price of $15.6 million plus assumption of assumed liabilities for 11 stores. That includes two each in Indianapolis, Zionsville, Bloomington and Muncie and single stores in Fishers, Browsburg and Greenwood. Generative Growth II, LLC is the successful bidder with a purchase price of $7.8 million for 15 stores. That includes stores in Columbus, Indiana communities of New Palestine, Marion, Hartford City, Elwood, Tipton, Pendleton, Richmond, Greensburg and two stores in Indianapolis, plus Ohio stores in Troy, Van Wert, Middleton and Eaton. The sale hearing will be held on June 14, 2017.

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