Festival Foods Buys 3 Gordy’s Locations
Festival Foods is acquiring three Gordy’s Markets locations; two in Eau Claire, Wis., and one in Tomah, Wis. The acquisition, subject to customary closing conditions, is expected to close in September. Following the acquisition, the three stores will transition to the Festival Foods banner.
De Pere, Wis.-based Festival currently operates one store in Eau Claire, with 28 locations total throughout the state.
The expanded presence in Eau Claire, as well as the entry into the Tomah market, is a key opportunity for Festival to better serve the company’s growing customer base in Wisconsin, according to Mark Skogen, president and CEO of Festival Foods.