Clemens to be sold to two firms

Giant Food will buy 14 of the supermarket outlets, and C&S Wholesale Grocers will get eight others. The prices of the transactions were not disclosed.

By Harold Brubaker
Inquirer Staff Writer

Clemens Family Markets Inc., the largest local family-owned supermarket chain in the Philadelphia region, has agreed to be sold to competitor Giant Food Stores L.L.C. and a large grocery wholesaler from New England.

The value of the deal announced yesterday by Giant, of Carlisle, Pa., was not disclosed. Giant is a subsidiary of Dutch company Royal Ahold N.V.

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