Acme Grocery Chain Sold

Acme Markets, which operates three grocery stores in Devon and Paoli, 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.

Regionally, Acme has lots of stores including a store in Bala Cynwyd (where a shopper won $1 million last year) and a Bryn Mawr store that reopened just last year after top-to-bottom renovations.

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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