Reasor's announced in a press release on Monday that Texas-based grocer Brookshire Grocery Co. (BGC) has agreed to acquire Reasor's 17 Oklahoma stores.
Reasor's will join the BGC family that spans Texas, Louisiana, Arkansas, and now Oklahoma. BGC also operates Brookshire's, Super 1 Foods, FRESH by Brookshire's and Spring Market in those states.
The release says the deal is expected to close in the early months of 2022 and after it closes, Reasor's will continue with uninterrupted operation under the same name.
“We are pleased to have secured a strong grocery retailer in Brookshire Grocery Company, who shares our focus on customers and values their employees. We are confident that these stores will experience continued success as a part of BGC,” said Jeff Reasor, Chairman and CEO of Reasor’s. “Reasor’s and BGC are working closely together to ensure a smooth transition for employees in these stores. We are excited that the employees will have opportunities to grow in their careers in these stores and throughout the company. We would like to thank our loyal customers who have faithfully supported Reasor’s for close to 60 years, as well as our employees for their commitment to serving our customers."
“We are so incredibly excited to welcome Reasor’s employees, customers and communities, that these 17 stores serve, into our BGC family,” said Brad Brookshire, Chairman and CEO for Brookshire Grocery Co. “Reasor’s is a perfect fit for Brookshire Grocery Company. Our company culture and values are the same. We’re a family business that started with my grandparents opening our first small store in Tyler, Texas, more than 93 years ago. We are dedicated to embracing our Reasor’s employee-partners and offering the best service to the Oklahoma community. Our company’s mission is to create and deliver exceptional experiences and value to our customers through our core values of excellent service, integrity and doing our best every day.”