Festival Foods Acquisition Now Official as Grocery Deal Closes

Festival Foods acquisition now official as grocery deal closes

One of the largest grocery consolidations in the Midwest is now complete.1939 Group, Inc., the parent company of Schnuck Markets, has officially finalized its purchase of 51 Wisconsin grocery stores, bringing Festival Foods and Hometown Grocers into the same family of companies as Schnucks.With the deal officially closed on Sunday, the combined organization says it now operates 164 stores across four states and adds 8,000 new employees to its wo…

1939 Group, Inc. completes purchase of Festival Foods, Hometown Grocers

Todd Schnuck, the chairman and CEO of 1939 Group, Inc., has announced the closing of the purchase of Festival Foods and Hometown Grovers.

Schnuck Family Holding Company: Official closing of purchase of Festival Foods and Hometown Grocers

Schnuck Family Holding Company: Official closing of purchase of Festival Foods and Hometown Grocers