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The Jim Pattison Group acquires The Save Mart Companies, expanding its presence into California and Northern Nevada

PRIVATEJun 27, 2024

Acquiring Company

The Jim Pattison Group

Acquired Company

The Save Mart Companies

VancouverModestoFood and BeverageAgriculture and FarmingRetail

Description

The Jim Pattison Group, based in Langley, British Columbia, has acquired The Save Mart Companies, a retail chain operating about 200 stores in California and Northern Nevada. The acquisition marks the group's expansion into the retail food business, reinforcing its commitment to growth and diversification.

Quick answer

The Jim Pattison Group is acquiring The Save Mart Companies, announced June 27, 2024. The Jim Pattison Group is based in Vancouver, British Columbia, Canada.

How much did The Jim Pattison Group pay for The Save Mart Companies?
The deal value was not disclosed.
What does The Jim Pattison Group do?
The Jim Pattison Group is headquartered in Vancouver, BC, Canada and is comprised of over 565 locations worldwide focusing on the automotive, agriculture, media, packaging, food and beverage, magazine distribution,..
Where are The Jim Pattison Group and The Save Mart Companies based?
The Jim Pattison Group is based in Vancouver, British Columbia, Canada. The Save Mart Companies is based in Modesto, California, United States.
Who are the decision-makers at The Jim Pattison Group?
Fundz holds 1 contact at The Jim Pattison Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

The Jim Pattison Group

Location

Vancouver, British Columbia, Canada

About

The Jim Pattison Group is headquartered in Vancouver, BC, Canada and is comprised of over 565 locations worldwide focusing on the automotive, agriculture, media, packaging, food and beverage, magazine distribution, entertainment, export, and financial industries. With sales of over $12.7 Billion in 2020 and more than 50,000 employees, The Jim Pattison Group is one of the largest private company in Canada.

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Frequently asked

Who acquired The Save Mart Companies?

The Save Mart Companies was acquired by The Jim Pattison Group, based in Vancouver. The deal was reported on June 27, 2024. The Jim Pattison Group is privately held and operates in Food and Beverage.

When did The Jim Pattison Group acquire The Save Mart Companies?

The Jim Pattison Group's acquisition of The Save Mart Companies was reported on June 27, 2024. The Jim Pattison Group, based in Langley, British Columbia, has acquired The Save Mart Companies, a retail chain operating about 200 stores in California and Northern Nevada. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does The Save Mart Companies do?

The Save Mart Companies operates about 200 grocery stores across California and Nevada. Its store banners include Save Mart, Lucky, Lucky California, FoodMaxx, and Maxx Value Food. It is privately held, operating in Retail, and is based in Modesto.

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