Keene, N.H.-based C&S Wholesale Grocers, which supplies more than 7,700 stores across the U.S., has agreed to acquire Sheboygan, Wis.-based Piggly Wiggly Midwest.
Piggly Wiggly Midwest has three distribution centers and serves 11 corporate stores, 84 franchise locations in Wisconsin and 14 Butera Market stores in the Chicagoland area, according to a news release.
“The purchase of Piggly Wiggly Midwest is a natural expansion of our already successful Piggly Wiggly Carolina business and reinforces our strong commitment to this beloved brand,” C&S CEO Bob Palmer said in the release. “It is a well-established legend in grocery retail that is valued by customers for its competitive pricing and focus on service.”
The acquisition is expected to close this month. Paul Butera Sr., president of Piggly Wiggly Midwest and founder of Butera Market, described the decision to sell as a very difficult one but a natural next step.
“Piggly Wiggly is more than a supermarket,” Butera Sr. said in the release. “It is a family of franchise operators, employees and loyal Pig Point customers, too. C&S has the experience and knowledge to ensure that this 100-year old icon continues for the next 100 years.”
As part of the sale agreement, the Piggly Wiggly Midwest offices and distribution centers will continue to operate.