Festival Foods announced today it has signed a definitive agreement to acquire three Gordy’s Markets, including the Eau Claire locations at 2717 Birch Street and 2615 North Clairemont Avenue as well as the Tomah location at 701 East Clifton Street.
The acquisition is subject to customary closing conditions and is expected to close in September. Following the acquisition, all three locations will be operated under the Festival Foods banner.
Festival Foods operates 28 other locations throughout the state, including one in Eau Claire that opened in 2005.
Mark Skogen, President and CEO of Festival Foods, said expanding into Tomah and increasing the company’s presence in Eau Claire are key opportunities for Festival Foods to better serve the company's growing customer base throughout Wisconsin.
“We look forward to becoming part of the Tomah business community and welcoming new guests there,” Skogen said. “We’re also excited to open two new stores in Eau Claire, which will give our guests in that town more options.”
Founded in 1946 as Skogen’s IGA, Festival Foods is a Wisconsin based family and employee-owned grocer committed to giving back to the communities it serves and providing guests with exceptional service and value. The company began operating under the Festival Foods banner in 1990 and today employs more than 7,000 full- and part-time associates in the 28 full-service supermarkets it operates across the state of Wisconsin.