MIAMI – German grocery massive Aldi has agreed to purchase Florida-based grocery store chain Winn-Dixie, in accordance to a statement Wednesday from Southeastern Grocers, the latter’s dad or mum corporate.
It’s a part of a “comprehensive strategic divestiture” of Southeastern Grocers, which has retail outlets situated in Florida, Alabama, Georgia, Louisiana and Mississippi.
The corporate, headquartered in Jacksonville, could also be promoting its Harveys Supermarkets retail outlets to Aldi. Four-hundred retail outlets in overall will be offered to Aldi, in accordance to the corporate.
After the sale, retail outlets will proceed to perform below their present Winn-Dixie and Harveys codecs, the corporate stated, however Aldi “will also evaluate which locations will convert” to its no-frills layout.
“For those stores that are not converted, ALDI intends for them to continue to operate as Winn-Dixie and Harveys Supermarket stores,” the corporate stated in a news unlock.
Winn-Dixie has quite a few places in Miami-Dade, Broward and Monroe counties.
Not going to Aldi, alternatively, are the corporate’s Fresco y Más retail outlets.
Instead, the chain, which caters to Hispanic consumers and has a big presence in Miami-Dade County, will be spun off into its personal corporate, Fresco Retail Group, LLC.
Upon independence, the 28-store chain will “continue operating its stores and pharmacies as they are presently,” the news unlock states.
The merger is predicted to shut within the first part of 2024, topic to regulatory approvals and different last stipulations.
“SEG will continue to operate its respective banners and stores in the normal course of business up to and until the transactions are completed,” its news unlock states.
Financial phrases of the deal weren’t disclosed within the news unlock Wednesday.
Aldi was once based in 1946 in Germany. The grocery chain now operates greater than 10,000 retail outlets in 20 nations.
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