BI-LO relinquishes ownership of Bruno’s

March 22, 2007
Lone Star Funds announced that BI-LO LLC will no longer own Bruno’s Supermarkets. The private equity firm will spin off Bruno’s and operate it as a separate corporate entity

Lone Star Funds announced that BI-LO LLC will no longer own Bruno’s Supermarkets. The private equity firm will spin off Bruno’s and operate it as a separate corporate entity. According to Lone Star, the reorganization is designed to allow both supermarket chains to invest in their future success and align resources to serve customer needs.

A total of 67 Bruno’s stores in Alabama and Florida are included in this transaction. These stores operate under the Bruno’s, Food World, and Food Max banners. In addition, seven unprofitable Food World/Food Max stores will be closed April 7.

Mauldin SC-based BI-LO will concentrate its efforts and financial resources on a group of more than 230 supermarkets in core markets across its four-state market area. In the past year BI-LO has announced capital investments of more than $160 million in several of its core trade areas.

Bruno’s headquarters will return to Birmingham AL. The chain will have 23 supermarkets under the Bruno’s banner, 42 Food World, and two Food Max stores.

Sponsored Recommendations

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry during this informative webinar, where experts will share insights on competitive...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!