Brookshire Bros. acquires David’s Supermarkets
LUFKIN—With the stroke of a pen, Brookshire Brothers Friday acquired the assets of a family owned company with similar core values. David’s Supermarkets, a grocery chain based in Grandview, Texas, was formerly owned by the Waldrip family. The Waldrips operated stores in dozens of small towns throughout north central Texas for 50 years.
Following the closing in Cleburne, Brookshire Brothers President and CEO Jerry Johnson said, “The Waldrip family serves communities similar to those we serve. Their values align with ours. We understand their customer s.” Johnson went on to say that the former David’s employees, numbering approximately 550, have the opportunity to become not just employees but owners of Brookshire Brothers.
The David’s acquisition gives Brookshire Brothers a presence adjacent to its existing market area. John Alston, Chief Operations Officer for Brookshire Brothers, adds, “We feel these communities in north central Texas are the heart of America. Serving them and serving with them in their communities will be our privilege. We are pleased to offer all existing store level employees of David’s a position with our company. Some of the corporate staff has also chosen to come on board including several third generation Waldrip family members.”
Of the 25 stores, 9 will fly the David’s Supermarkets or David’s Express banners, one will remain Pecan Foods and 15, including one recently opened in Meridian, Texas, will be Brookshire Brothers. All will share the Brookshire Brothers core value of celebrating family and community.