Hannaford acquiring two Bud's Shop'n Save locations
Hannaford Supermarkets will soon have 62 Maine locations, following an announcement that the New England supermarket chain will be purchasing Bud’s Shop'n Save stores in Newport and Dexter.
The Portland Press Herald reported that the transaction to purchase the pair of Bud’s locations is expected to be finalized in early December. Terms of the deal were not disclosed. Dean Homstead, the owner of Bud’s, will continue to own and operate a Pittsfield store location, according to the Press Herald.
“We have been proud to support these stores as a wholesale supplier for many years and we look forward to serving customers with a familiar team, local products and Hannaford-brand items,” Todd Bullen, a director of operations for Hannaford, told the Press Herald.
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