M&A Deal Summary

Weis Markets Acquires Food Lion - 38 Supermarket Locations

On July 13, 2016, Weis Markets acquired retailer Food Lion - 38 Supermarket Locations from Food Lion

Acquisition Highlights
  • This is Weis Markets’ 1st transaction in the Retail sector.
  • This is Weis Markets’ 1st transaction in the United States.

M&A Deal Summary

Date 2016-07-13
Target Food Lion - 38 Supermarket Locations
Sector Retail
Buyer(s) Weis Markets
Sellers(s) Food Lion
Deal Type Divestiture

Target

Food Lion - 38 Supermarket Locations

United States
Food Lion LLC - 38 Supermarket Locations operating in the states of Maryland, Virginia and Delaware provides grocery items.

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Buyer(S) 1

Buyer

Weis Markets

Sunbury, Pennsylvania, United States

Category Company
Founded 1912
Sector Retail
Employees22,000
Revenue 4.8B USD (2024)
DESCRIPTION

Weis Markets is an entity which engages in retail sale of food. Company operates stores primarily under the Weis Markets trade name, as well as trademarks for its product lines. Weis Markets was founded in 1912 and is based in Sunbury, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Food Lion

Salisbury, North Carolina, United States

Category Company
Founded 1957
Sector Retail
DESCRIPTION

Food Lion LLC is an operator of grocery stores chain.


DEAL STATS #
Overall 1 of 2
Sector: Retail M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
Country: United States M&A 1 of 2
Year: 2016 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-31 Food Lion - 22 Stores

United States

Food Lion LLC - 22 Stores are located in northern West Virginia, western Maryland, south central Pennsylvania and northwestern Virginia. The 22 acquired stores are expected to benefit from both the scale of the format and similar merchandising and marketing strategies.

Sell -