Austin, Texas – Locally based Whole Foods Market Inc. recently announced that it has signed an agreement to acquire substantially all of the assets of Atlanta-based Harry's Farmers Market Inc. for approximately $35 million in cash.
The assets to be purchased relate to the three perishable superstores, including but not limited to real estate, the Harry's Farmers Market name, distribution center, commissary kitchen, bake house, and office facilities. Six small format "Harry's in a Hurry" food stores are not included in the transaction, which is expected to close in November.
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