Marsh to Sell Off Remaining Assets

Posted: Updated:

Indianapolis-based Marsh Supermarkets LLC has announced plans to sell its remaining intellectual property assets and alcohol beverage permits. The company, which filed for Chapter 11 bankruptcy protection in May, says it will accept bids through mid-October.

The intellectual property assets include registered trademarks and/or designs, including Marsh, Marsh Hometown Market, O'Malia's, Main Street Market, and Experts in Fresh, among others. The alcohol permits, both grocery and drugstore-based, are specific to various Indiana and Ohio counties and Marsh says they require state and local approval in order to be transferred.

"Marsh Supermarkets has some great brands and trademarks that have been well known throughout Indiana and Ohio," said Ben Habegger, vice president of legal affairs. "The alcohol beverage permits include grocery and/or drug store permits in approximately 25 Indiana and Ohio counties. We have had numerous parties contact us about these different assets and we are now ready to dispose of them."

All bids for the assets must be submitted by October 16. 

Marsh in June announced the sale of many of its stores to Ohio-based Kroger Co. (NYSE: KR) subsidiary Topvalco Inc., and Generative Growth II LLC for a combined $24 million. All Marsh stores were eventually closed by mid-July.

Late last month, Generative Growth announced the majority of the stores it purchased would operate under the Needler's Fresh Market brand. Topvalco detailed plans for the stores it purchased in July.

  • Perspectives

    • How to Find a New Audience After Hitting a Marketing Plateau

      It may sound like a marketer’s dream scenario: efforts have proven to be so successful it appears a company has completely saturated their target audience. While it may be a good problem to have, it still may be a problem. Hitting a marketing plateau is an opportunity for companies in any industry to reevaluate, re-energize and come to the table with new ideas for better understanding existing customers and engaging new audiences.



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • Gas City Startup Helping Hemp Farmers

      Last month, it became legal for Hoosier farmers to grow hemp and a Gas City-based startup is being aggressive in being among the first to take advantage of market opportunities. Heartland Harvest Processing is helping farmers connect the new agricultural commodity to consumer products, including CBD. Founder and Chief Marketing Officer Chris Moorman says the first hemp harvest under the new law is expected to begin next month. In an interview with Business of Health...

    • (Image courtesy of Northern Indiana Commuter Transportation District)

      Michigan City Commits $12M to South Shore Track Project

      The Michigan City Common Council has formally committed to contribute $12 million towards the proposed $416 million Double Track project for the South Shore commuter line. Our partners at The Times of Northwest Indiana report the council voted unanimously to pay $7 million upfront and finance the remaining $5 million through a 20-year bond issue. 

    • Eleven Fifty is headquartered at Launch Fishers.

      State to Launch 5G Hub in Downtown Indy

      The state of Indiana has announced plans for what it says is a first-of-its-kind 5G hub. Launching in October, the Indiana 5G Zone aims to "attract business, foster innovation and propel research and development in 5G-enabled advanced technologies." The hub will be located inside the new downtown Indianapolis headquarters of the nonprofit Eleven Fifty Academy. The Indiana 5G Zone will include a 3,000-square-foot research lab, which will be used to develop and test...

    • (photo courtesy of Wes Mills)

      Ethanol Plant to Stop Production, POET Blames EPA

      Ethanol production at an Indiana biofuels plant will be stopped and the owner blames Environmental Protection Agency policies and the oil refining industry. South Dakota-based POET Energy announced the plant in Cloverdale will be placed in “idle production” within several weeks, though no date has been set. The ethanol producer says 100’s of local jobs will be impacted, but the news release did not specifically mention “layoffs” at this point.

    • (photo courtesy of Exhibit Columbus)

      Exhibit Columbus Opens

      The second annual Exhibit Columbus will open Friday with a variety of events. Organizers say the two-day opening weekend will showcase architecture, art, and community in celebration of the city's design legacy.