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Article: Balducci's, the Bethesda, MD-based gourmet specialty food retailer with stores in the Northeast, has been sold to a New York investor group led by Jim Demme, the chairman of Kings Super Markets.(MERGER & ACQUISITIONS)(Brief article)
- Article from:
- The Food Institute Report
- Article date:
- April 20, 2009
CopyrightCOPYRIGHT 2009 The Food Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BALDUCCI'S, the Bethesda, MD-based gourmet specialty food retailer with stores in the Northeast, has been sold to a New York investor group led by Jim Demme, the chairman of KINGS SUPER MARKETS. Mr. Demme serves as a senior advisor to the New York investment firm ANGELO, GORDON & CO. The transaction includes the purchase of Balducci's stores located in Alexandria, VA; Bethesda, MD; McLean, VA; Scarsdale, NY; Westport, CT; and Greenwich, CT as ...
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