Stop & Shop announces King Kullen Grocery acquisition
Deena M. Amato-McCoy
One of Ahold Delhaize USA Company’s divisions is expanding its presence in New York.
Stop & Shop Supermarket announced that it will acquire King Kullen Grocery. The agreement includes King Kullen’s 32 supermarkets, five Wild by Nature stores, and the use of its corporate office located in Bethpage, New York.
The acquisition is expected to close during the first quarter of 2019 and is subject to customary closing conditions.
“King Kullen is a well-respected grocery chain in the Long Island, New York market that has an 88-year tradition of excellent customer service,” Mark McGowan, president of Stop & Shop said. “We look forward to bringing our quality, selection and value to more communities in Nassau and Suffolk Counties.”
King Kullen, which opened in 1930, operated as a private business. “As a family-owned and operated business, we are very proud of our heritage and extremely grateful to all of our associates and customers for their support over the years,” said Brian Cullen, co-president of King Kullen Grocery Co. “We are confident the Stop & Shop brand will carry on our legacy of service in the region.”
Stop & Shop Supermarket operates more than 400 stores throughout Massachusetts, Connecticut, Rhode Island, New York and New Jersey.