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.
Grocery Dive
Related news
Oatly’s new strategy for boosting demand for plant-based milk in the US
Oatly plans to give new impetus to the plant-based milk…
Read more >Aldi targets 20 new store locations across the UK
Aldi has unveiled an updated list of priority locations across…
Read more >Customer experience and sustainable solutions: PENNY’s successful year
In 2024 PENNY Magyarország focused on preserving customer trust by…
Read more >Related news
Rossmann has exploded onto the e-commerce top list
Rossmann is included for the first time in the 2024…
Read more >K&H sustainability index: there are more good intentions, but actions are still to be taken
According to the latest data from a representative survey conducted…
Read more >75 years of passion, performance and innovation – Shell and Scuderia Ferrari celebrate HP’s iconic partnership worldwide
This year, Shell celebrates the 75th anniversary of its legendary…
Read more >