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Upscale grocery chain Bristol Farms sold to own management team, investment firm

October 29, 2010 | 10:52 am

Bristolfarms The Bristol Farms management team, in partnership with investment firm Endeavor Capital, announced Friday that it purchased the grocery chain from parent company Supervalu Inc.

Details of the deal were not disclosed. Executives at the company could not be reached immediately for comment.

Founded in 1982, the Carson-based grocery retailer operates 13 Bristol Farms stores and one Lazy Acres store in California.

“We look forward to returning to local and independent ownership with the opportunity to reinforce our commitment to our local vendors,” said Bristol Farms Chief Executive Kevin Davis in a statement.

Supervalu operates more than 200 Albertsons grocery stores in Southern California. Albertsons acquired Bristol Farms in 2004.

-- Shan Li

Photo: A Bristol Farms store in West Hollywood. Credit: Ken Hively / Los Angeles Times