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Zeno Group handles German discount supermarket chain ALDI as it agrees to buy 400 Winn-Dixie and Harveys Supermarket stores from Southeastern Grocers.
“The time was right to build on our growth momentum and help residents in the Southeast save on their grocery bills, said Jason Hart, ALDI CEO. “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.”
ALDI plans to retain the Winn-Dixie and Harveys Supermarket brand at some locations, while other outlets will carry the ALDI name.
It has invested $2.5B in the US southeast since the mid-1990s.
ALDI operates stores throughout the EU, UK, US, China and Australia.
Miami’s Newlink Group has acquired Italy’s EJ to strengthen its position in southern Europe, where it has offices in Madrid and Barcelona.
Hodges Partnership co-founders Jon Newman and Josh Dare are selling the Richmond-based firm to four senior VPs who will assume ownership of the shop over the next couple of years.
Interluxe Group, luxury experiential shop, and North & Warren digital-first media agency, have acquired Quinn, the strategic communications shop that services upscale brands.
H/Advisors Abernathy and FGS Global work Keurig Dr Pepper $18B deal to acquire coffee company JDE Peet's. The coffee brands will then be spun off as a separately traded public company.
Shamrock Capital has acquired Penta Group, stakeholder communications firm, from Falfurrias Management Partners.
