Kings Expands to Connecticut With Porricelli’s Acquisition
PARSIPPANY, N.J. — Kings Food Markets on Monday said it would expand to Connecticut for the first time as the result of the acquisition of Porricelli’s Market location in Old Greenwich from the Porricelli family.
PARSIPPANY, N.J. — Kings Food Markets on Monday said it would expand to Connecticut for the first time as the result of the acquisition of Porricelli’s Market location in Old Greenwich from the Porricelli family. Terms of the transaction were not disclosed.
The Old Greenwich location will be the first in Connecticut for Kings, which operates 24 stores in New Jersey and New York. Officials said they expected to complete the conversion to the Kings banner in late September.
“At Kings, we share our love of food with our customers, and we’re excited to have the opportunity to introduce this passion to a new community in Old Greenwich,” Judy Spires, president and chief executive officer of Kings Food Markets, said in a statement. “Our goal is for customers to discover those moments in our stores where inspiration strikes, whether it’s finally finding a rare ingredient, creating a delicious menu using recipes from Kings’ chefs, or knowing they can rely on pairing suggestions and preparation tips from our associates.
“We know that Porricelli’s Market has been a pillar of the Old Greenwich community for 60 years, and we are committed to providing the same level of personal, attentive service that is truly the cornerstone of our brand experience.”
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Porricelli’s was founded 63 years ago and operates a second store in Trumbull, Conn., that was not part of the Kings deal.
“Our store is a family-run operation, and we view our customers as an extension of our family. For this reason it was crucial to choose a company that will continue the unique legacy that we’ve established, and we feel that Kings is the ideal choice to do so for many, many years to come,” Jerry Porricelli Jr., director of operations for Porricelli’s, said in a statement. “I will personally be involved in the transition, and I look forward to welcoming customers to the store as Kings becomes an exciting new addition to Old Greenwich.”
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