Jim Pattison Group acquires proprietor of US grocery chain Save Mart Firms – Enterprise Information
Pattison buys grocery retailer chain
The Canadian Press – June 28, 2024 / 12:18 PM | Story: 494756
Picture: The Canadian Press
Businessman and philanthropist Jim Pattison returns to his seat after talking throughout a ceremony to honor the Canadian Stroll of Fame, in Vancouver, Friday, Feb. 15, 2019. Save Mart, the proprietor of the U.S. grocery chain, says it has been acquired by the Jim Pattison Group. The Canadian Press/Darryl Dick
Save Mart Firms, proprietor of the US grocery retailer chain, says it has been acquired by Jim Pattison Group.
Jennifer Shelton, a spokeswoman for Save Mart, confirmed the acquisition by the Vancouver-based holding firm however declined to reveal monetary particulars, together with the worth of the deal.
Save Mart’s web site says it operates about 200 grocery shops all through California and Nevada.
Its retailer banners embody Save Mart, Fortunate, Fortunate California, FoodMaxx and Maxx Worth Meals.
Beneath the settlement, Shelton says Save Mart will preserve its headquarters in Modesto, California.
The Jim Pattison Group dates again to 1961, when it owned a automobile dealership, however has since grown into a large firm concerned with Save-On-Meals, Nice Wolf Lodge, Ripley Leisure, Genpak and Canfor.
