Jim Pattison Group acquires U.S. grocery chain owner Save Mart Companies

U.S. grocery chain owner, the Save Mart Companies, says it has been acquired by the Jim Pattison Group.

Save Mart spokesperson Jennifer Shelton confirmed the acquisition by the Vancouver-based holdings company, but declined to share financial details, including the value of the deal.

Save Mart's website says it operates about 200 grocery stores across California and Nevada.

Its store banners include Save Mart, Lucky, Lucky California, FoodMaxx, and Maxx Value Food.