Acquiring Company
Giunta's Meat Farms
Acquired Company
King Kullen Grocery
Description
Giunta's Meat Farms is set to acquire the King Kullen Grocery Co. Inc., the largest family-owned supermarket chain on Long Island. The deal includes 24 King Kullen supermarkets and four Wild by Nature stores, with closing anticipated in September, pending customary conditions. Both companies will operate independently until the acquisition is finalized, ensuring no layoffs. This marks King Kullen's second attempt at a sale in seven years.
M&A Insights
Based on deal dataFrequently asked
Who acquired King Kullen Grocery?
King Kullen Grocery was acquired by Giunta's Meat Farms, based in Minnesota. The deal was reported on July 30, 2026. Giunta's Meat Farms is a family-owned grocery chain based in Oakdale, Long Island. It operates multiple supermarkets and is known for its strong local presence. Giunta's Meat Farms is privately held and operates in Food and Beverage.
When did Giunta's Meat Farms acquire King Kullen Grocery?
Giunta's Meat Farms's acquisition of King Kullen Grocery was reported on July 30, 2026. Giunta's Meat Farms is set to acquire the King Kullen Grocery Co. Inc., the largest family-owned supermarket chain on Long Island. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does King Kullen Grocery do?
King Kullen is a grocery chain founded in 1930, making it one of the oldest supermarket chains in the United States. It has 24 locations on Long Island and also owns Wild By Nature, which has four natural foods markets in the region. It is privately held, operating in Food and Beverage, and is based in New York.