ALDI to Acquire Winn-Dixie, Harveys Supermarket from Southeastern Grocers
ALDI said Wednesday it had entered into a definitive agreement to acquire Winn-Dixie and Harveys Supermarket, adding approximately 400 locations across the Southeast. Terms weren’t disclosed. The deal occurs as part of a larger divestiture of Southeastern Grocers to various entities.
“Like ALDI, Winn-Dixie and Harveys Supermarket have long histories and many loyal customers in the Southeast and we look forward to serving them in the years to come,” said Jason Hart, CEO, ALDI. “The time was right to build on our growth momentum and help residents in the Southeast save on their grocery bills. The transaction supports our long-term growth strategy across the United States, including plans to add 120 new stores nationwide this year to reach a total of more than 2,400 stores by year-end.”
The acquisition gives Batavia, IL-based ALDI 299 new stores in Florida, along with 39 in Alabama, 25 in Georgia, 28 in Louisiana and six in Mississippi. ALDI first established its presence in the Southeast in the mid-1990s and since has invested $2.5 billion in the region.
“ALDI will operate Winn-Dixie and Harveys Supermarket stores with the same level of care and focus on quality and service, as we also evaluate which locations will convert to the ALDI format to better support the neighborhoods we’ll now have the privilege of serving,” Hart added.
The transaction is expected to close in the first half of 2024.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).