Purchase is expected to be complete in late July
Sunbury, PA, 2016-Jun-02 — /EPR Retail News/ — Weis Markets today announced it has entered into an agreement with Mars Super Markets, Inc. to purchase five Mars stores in Baltimore County, including two in Dundalk and individual units in Essex, Arbutus and Carney.
The Company intends to complete the purchase in late July. Once the purchase is complete, Weis Markets will operate nine stores in Baltimore County, essentially doubling its footprint in the region.
“This is an important acquisition for us as we’ve been steadily expanding within Baltimore County in recent years,” said Jonathan Weis, Weis Markets’ Chairman and CEO. “We have great respect for Mars, the D’Anna family and their associates who have long-served the public as a locally-focused food retailer. These are successful, well-run stores and we look forward to interviewing the associates of these stores for employment with our company.”
“We have strived to truly be a part of the communities we serve and are proud of our legacy for providing both quality and service. We are grateful for our loyal customers and for our associates who serve them,” said Mars Super Markets Chairman and CEO Chris D’Anna. “As a family-owned business, we recognize Weis Markets as a company with a similar commitment to its communities, customers and associates. This was an extremely important consideration in our decision.”
About Weis Markets
Founded in 1912, Weis Markets, Inc. is a Mid Atlantic food retailer operating 162 stores in Pennsylvania, Maryland, New Jersey, New York and West Virginia. In Baltimore County, it operates stores in Perry Hall (2), Towson and Woodlawn. For more information, please visit: WeisMarkets.com or Facebook.com/WeisMarkets.
About Mars Super Markets
Mars Super Markets is a food retailer based in Metropolitan Baltimore. It was founded by Joseph D’Anna in 1943. The Food Partners represented Mars Super Markets in the transaction as its strategic and financial advisor.
SOURCE: Weis Markets