In recent years, a number of large grocery chains have been acquired by other companies. Some examples include Safeway being bought by Albertsons and Winn-Dixie by Bi-Lo.
Many people are wondering if Publix, a regional grocery chain in the southeastern U.S., will be the next to be bought out. The answer to this question is complicated and depends on a number of factors.
First, it’s important to understand that Publix is a privately-held company, meaning that it is not publicly traded on the stock market. This means that any potential buyer would have to negotiate with the current Publix shareholders in order to acquire the company. The majority shareholder is the CEO, Todd Jones, who owns about 30% of the company.
It’s also worth noting that Publix has been aggressively expanding in recent years, both through organic growth and acquisitions. In 2017, they acquired four regional grocery chains: GreenWise Market, Bi-Lo, Harvey’s, and Winn-Dixie. This expansion has made Publix one of the largest grocery chains in the country.
So, does this mean that Publix is immune to being bought out? Not necessarily.
If another company was interested in acquiring Publix, they would likely make an offer to the shareholders that they couldn’t refuse. However, there’s no guarantee that such an offer would be made or accepted.
In conclusion, it’s impossible to say definitively whether or not Publix will be bought out by another company. However, given their recent expansion and the fact that they are a privately-held company, it seems unlikely that they will be acquired in the near future.
