BETHESDA, Md. — An investor group led by James A. Demme has acquired six stores and related operations from Balducci’s here. Demme, who serves as a senior advisor to Angelo, Gordon & Co., the New York-based investor group, is chairman of Kings Super Markets, Parsippany, N.J., and served earlier as chairman of Penn Traffic, Bruno’s and Homeland Supermarkets and also as president of Shaw’s Supermarkets. The deal includes Balducci’s store here and in Alexandria and McLean, Va.; ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.