Skip navigation

Bi-Lo Said to Eye IPO

JACKSONVILLE, Fla. — Bi-Lo Holdings here may be planning an initial public offering later this year, according to reports on Tuesday.

The company, parent of the Bi-Lo and Winn-Dixie chain in the Southeast, has hired Citigroup, Credit Suisse AG and Deutsche Bank AG to lead the offering, according to Reuters report. Officials at Bi-Lo could not be reached for comment.


Follow @SN_News for updates throughout the day.

Bi-Lo, which is owned by private-equity firm Lone Star Funds, merged with Winn-Dixie last year to form a $10 billion company operating nearly 700 locations across eight Southern states. Earlier this year it agreed acquire to the 165-unit Sweetbay, Harveys and Reid’s banners from Delhaize Group.

Dallas-based Lone Star acquired Bi-Lo from Ahold USA in 2005 and had previously sought to sell the banner. Last year it combined the company with Winn-Dixie and relocated the main headquarters to Jacksonville.

Suggested Categories More from Supermarketnews


TAGS: News
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.