Nash Finch Co. announced March 5 that its subsidiary U Save Foods Inc. will buy a dozen Bag ’N Save supermarkets in Nebraska. Company officials expect the deal to close in the second quarter this year.
Minneapolis-based Nash Finch is a Fortune 500 company with the primary business of food distribution. The Bag ’N Save stores in Omaha and York, Neb., are a family-owned chain with its Omaha roots going back to the early 1940s, according to a news release on the Nash Finch website.
Leon Shrago, Bag ’N Save owner, said in the release that the decision to sell the family business was not easy but that be believes Nash Finch will maintain the quality products and services that his customers are accustomed to in his stores.
He said customers shouldn’t notice the change in ownership because Nash Finch will continue to supply the Bag ’N Save stores from its distribution center in Omaha.
Nash Finch serves independent retailers and military commissaries in 36 states and several foreign countries. Their brands include Nash Brothers Trading Co. and Our Family. The company also owns and operates retail stores under several banners, including Econofoods, Family Fresh Markets, Wally Supermarkets and Sun Mart banners, according to the company’s website.