1 year, 10 months ago by Brent Engel
Quincy company buys grocery stores in Bowling Green, Mexico, Vandalia and Winfield, Missouri
One family-owned regional grocery chain is buying part of another.
Niemann Foods of Quincy announced Monday that it has agreed to buy Hickman’s IGA stores in Bowling Green, Mexico, Vandalia and Winfield.
In addition, a Niemann official said that the company is still as committed as ever to opening a store in Louisiana. A Louisiana couple has just announced separate plans to open a grocery downtown later this week.
Terms of the four-store deal between Niemann and Hickman’s were not disclosed, but the sites will remain under the IGA brand during the transfer of ownership, which should happen by April First.
Niemann officials plan to meet this week with employees of the four stores, and the company says renovations are planned at the locations.
The deal does not include the site of the first Hickman’s store in Perry or the store in Paris.
Hickman’s was founded in 1959 by Bob and Jewell Hickman, parents of the current owners, and is based in Mexico.
Niemann Foods was founded in 1917 by two brothers and is still in the family. It operates almost 100 supermarkets, convenience centers, pet shops and hardware stores in Illinois, Missouri and Iowa.
Officials said the sale is a good fit for both companies and for the communities served.