The Jim Pattison Group has purchased the U.S.-based Save Mart grocery store chain .

Jennifer Shelton, a Save Mart spokeswoman, confirmed to the Canadian Press that the acquisition has occurred. But she declined to disclose the sale price and other financial details.

According to multiple reports, the seller was Los Angeles-based Kingswood Capital, which had owned Save Mart since 2022.

Modesto, Calif.,-based Save Mart operates 194 stores in eastern and central California (185) and Nevada (nine.) The stores bear the Save Mart, Lucky, FoodMaxx and Maxx Value banners.

Save Mart and Lucky are full-service supermarkets, while FoodMaxx is a bulk discount store concept. United Food and Commercial Workers Local-8 Golden State said in a news release that the deal includes Yosemite Wholesale and Save Mart’s office division.

Save Mart was founded in 1952 and has approximately 13,000 employees, according to Grocery Business.

The Vancouver-based Jim Pattison Group is headed by its namesake, 95-year-old billionaire Jim (Jimmy) Pattison, who ranks among Canada’s wealthiest entrepreneurs. Pattison has extensive grocery-store holdings in Canada, which operate largely under the Save-On Foods and Price Smart banners.

Save Mart Chairman Shane Simpson is slated to continue leading the chain and report directly to the Pattison group.

Photo: Save Mart