Jim Pattison Group acquires U.S. grocer The Save Mart Companies

The Jim Pattison Group has acquired California and Nevada grocer The Save Mart Companies, Canadian Grocer confirmed.

Shane Sampson, executive chairman of The Save Mart Companies, will remain with the company, along with the rest of the senior leadership team. The grocer’s headquarters will also remain in Modesto, California.

“Our primary focus continues to be serving our Associates, our customers, and our local communities by providing the freshest quality products at a great value,” a Save Mart representative said in a statement. “Our next chapter is primed for long-term, sustainable growth and innovation and we have full faith in a bright and enduring future.”

The Jim Pattison Group is the parent company of Pattison Food Group, which operates a number of retail banners including Save-On-Foods and Buy-Low Foods. Its divisions span the automotive, advertising, media, agricultural equipment, food and beverage, entertainment, exporting, financial, real estate and periodical distribution industries.

The Save Mart Companies serves nearly 200 communities across California and Nevada under the Save Mart, Lucky, Lucky California, FoodMaxx and Maxx Value Food banners. It also operates distribution centers and a transportation facility employing more than 13,000 team members.