Aldi to acquire Winn-Dixie and Harvey’s Supermarket
The deal, which includes approximately 400 grocery stores across five Southeastern states, continues the discount grocer’s aggressive growth trajectory.
Aldi announced Wednesday that it has agreed to acquire Winn-Dixie and Harveys Supermarket from Southeastern Grocers for an undisclosed all-cash amount as that company continues to divest its various grocery assets.
The deal includes approximately 400 Winn-Dixie and Harveys locations in Alabama, Florida, Georgia, Louisiana and Mississippi, encompassing 75% of the chains’ grocery locations. The transaction, under which Aldi will acquire all of Southeastern Grocers’ capital stock, is expected to close in the first half of 2024, subject to regulatory approval and other closing conditions.
The deal continues Aldi’s aggressive growth trajectory over the past several years and marks its largest acquisition so far in the U.S. The discount grocer plans to evaluate whether or not to rebrand locations to the Aldi name. “For those stores we do not convert, our intention is that these continue to operate as Winn-Dixie and Harveys Supermarket stores,” Aldi CEO Jason Hart said in a statement.
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