Business & Tech
Acme Grocery Chain Sold
The brand has a strong presence in Lower Merion, but its future is uncertain.
Acme Markets, which operates two grocery stores in Roxborough, is among several chains the Supervalu company has sold to investment consortium Cerberus Capital Management, Supervalu announced Thursday.
There was no announcement from Supervalu or Cerberus about how the sale will affect the future of the grocery stores.
Acme has Andorra and Roxborough locations.
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The Philadelphia Inquirer reported in July that moves by Supervalu executives seemed to indicate they were looking for buyers for Acme and their other grocery "banners".
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