BI-LO Holding
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BI-LO Holding
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Founded in 1961, Dutch grocery giant Royal Ahold bought Bi-Lo in 1977, as its entry to the U.S. market. In 2005, Royal Ahold sold Bi-Lo and its smaller sister supermarket chain, Bruno's Supermarkets, to Dallas investment firm Lone Star Fund. As a result of a March 2012 merger with Winn Dixie, the new parent BI-LO Holding now operates under the banner names of BI-LO and Winn-Dixie. It serve customers in 688 grocery stores and 493 in-store pharmacies throughout the eight southeastern states of Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina and Tennessee. In September the company announced it intended to take the company public via an IPO.