Aldi is divesting some of the 400 Winn-Dixie locations acquired from Southeastern Grocers in 2023. A group including C&S Wholesale Grocers and SEG’s current CEO has bought Southeastern Grocers and its banners from Aldi, with 170 stores in the transaction. Aldi plans to convert 220 Winn-Dixie and Harveys stores to Aldi locations.

Southeastern’s CEO will lead the consortium that will now operate Winn-Dixie and Harveys. SEG and Aldi will ensure a smooth transition, with C&S Wholesale Grocers collaborating deeply with the retail market. Despite divesting some Winn-Dixie locations, Aldi plans to invest $9 billion to open 800 new U.S. locations in the next five years.

C&S Wholesale Grocers played a role in the failed $24.6 billion merger between Kroger and Albertsons. The Federal Trade Commission rejected C&S as a divestiture partner, leading to the termination of the merger agreement. Aldi and other companies expressed interest in becoming a divestiture partner.

Read more at Yahoo Finance: Southeastern Grocers’ CEO, C&S Wholesale Grocers buy Winn-Dixie from Aldi