Berkshire Completes Investment in Grocery Outlet

ELLIOT ZWIEBACH

BERKELEY, Calif. — Grocery Outlet here told SN this week that Berkshire Partners, Boston, has carried through on plans to make an equity investment in the extreme-value discount chain, as reported last month.

Berkshire said it would supply strategic and financial support to help Grocery Outlet expand.

Grocery Outlet — which oversees 135 stores operated by independent owners in Arizona, California, Idaho, Nevada, Oregon and Washington — purchases surplus inventory directly from more than 2,500 grocery manufacturers.

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