HANNAFORD MOVES SOUTH WITH DEAL TO BUY WILSON'S

WILMINGTON, N.C. -- Hannaford Bros. last week cast its net into the Southeast by reaching an agreement to purchase Wilson's Supermarkets here.The acquisition will give the Hannaford chain, based in Scarborough, Maine, a new regional base for growth beyond its New England and upstate New York marketing areas. Hannaford will pay $120 million to acquire the 20-unit privately held Wilson's chain, whose

WILMINGTON, N.C. -- Hannaford Bros. last week cast its net into the Southeast by reaching an agreement to purchase Wilson's Supermarkets here.

The acquisition will give the Hannaford chain, based in Scarborough, Maine, a new regional base for growth beyond its New England and upstate New York marketing areas. Hannaford will pay $120 million to acquire the 20-unit privately held Wilson's chain, whose 1994 sales are expected to exceed $200 million. In addition to these 20 units, which a

Register to view the full article

Already a member? .