Boxed focuses on selling bulk-sized pantry items at wholesale prices. MSG is a regional distributor of consumables and household products that also serves B2B accounts.

Boxed, which filed for bankruptcy in April 2021, has been acquired by regional distributor, MSG Distributors for an undisclosed amount. The company acquired the intellectual property of a bankrupt business to quickly scale its operations.

Grocery Dive: Boxed acquired by MSG Distributors