US supermarket group Albertson’s LLC has struck a deal to acquire family-owned Texan supermarket chain United Supermarkets.

The deal includes United Supermarkets’ 50 supermarkets and three distribution centres in northern and western Texas. The outlets are operated under three banners: United Supermarkets, Market Street and Amigos. Albertson’s will also take on seven convenience stores and 26 fuel centres operated under the United Express banner.

United Supermarkets will operate as a new business unit under Albertson’s company structure. The company emphasised United Supermarkets will continue to operate “much as it does today”, with decisions being made at a local level. Robert Taylor, current CEO of United Supermarkets, will take on the role of president of the unit, reporting directly to Bob Miller, CEO of Albertson’s.

The acquisition – for an undisclosed sum – remains subject to regulatory approval. Albertson’s, owned by private-equity firm Cerberus Capital Management, said in a statement that it expects to complete in October.

The move will strengthen Albertson’s presence in Texas, where it operates 76 stores, the majority of which are in the Dallas-Fort Worth Metroplex.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.