Brookshire Brothers has entered into an agreement to acquire the assets of David’s Supermarkets. Officials are not announcing details until the transaction is complete.
David’s is a 25-store chain located in North Central Texas and owned by the Waldrip family with Hood County locations in Thorp Spring, Acton and Pecan Plantation.
“We feel like these family-owned stores align with our core value that we are a celebration of family and community,” said Jerry Johnson, president and CEO of Brookshire Brothers. “As a 100 percent employee-owned company, this transaction also presents opportunities for the employees of David’s.”
The Brookshire’s store in Granbury is operated by a different company, Brookshire Grocery Company, a Tyler-based regional food chain.
Founded in 1921, Brookshire Brothers has 123 retail outlets including grocery stores, convenience stores, free-standing pharmacy, tobacco and gas locations with two new stores planned for 2014.
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