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Weis Markets to acquire Giant Markets

5/21/2008

SUNBURY, Pa. Weis Markets announced its plans to purchase the stores of Binghamton New York-based Giant Markets. It expects to complete the purchase in by Aug. 21.

Weis Markets will purchase Giant Markets' Broome County stores located in Binghamton, Vestal, Endicott, Endwell and Johnson City.

 

"This acquisition is an excellent strategic fit for our company. Giant Markets is the market leader in Broome County where they have excellent locations, modern stores and a strong market presence," said Weis Markets' vice chairman Jonathan Weis. "For many years, they have been a significant part of the community and they've offered an excellent combination of quality, value and service. We are pleased to be working with their associates and look forward to welcoming them to our organization."

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