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Dive Brief:
Aldi has sold Southeastern Grocers and its Winn-Dixie and Harveys Supermarket banners to a consortium of private investors led by Anthony Hucker, the current president and CEO of Southeastern Grocers, and C&S Wholesale Grocers, according to a Friday announcement. Terms of the deal were not disclosed.
Aldi is selling roughly 170 Winn-Dixie and Harveys Supermarket stores to the consortium along with Winn-Dixie’s liquor store business. The discounter plans to convert 220 Winn-Dixie and Harveys stores it previously acquired into Aldi locations.
The deal creates a new regional grocery competitor in the Southeast and marks a course change for C&S, which had been slated to acquire nearly 600 supermarkets from Kroger and Albertsons in connection with those retailers’ unsuccessful plan to merge.