Coborn's Inc. to Acquire Hornbacher's
Jennifer Lewerenz | Dec 3, 2018 AT 9:45 am
(KSNI) - St. Cloud based Coborn's Incorporated has announced they've signed a purchase agreement with Eden Prairie based SuperValu to acquire several Hornbacher's stores.
Hornbacher's operates 8 stores in the Red River Valley area.
Coborn's will buy five stores in Fargo, one under construction in West Fargo, and two stores in Moorhead. Another store in Grand Forks, which was not included in the agreement, will close.
Coborn's will retain the Hornbacher's name.
The deal is expected to close in the next few weeks.