Gordy’s County Market and Mega Co-op announced this week that they have reached a collaborative agreement under which all Mega grocery stores will become Gordy’s Markets and all Gordy’s Express convenience stores will become Mega Holiday stations. This deal is expected to finalize in late February and at that time Gordy’s Inc. will own and operate 24 grocery stories and Mega Co-op will own and operate 33 convenience stores and fuel centers. As part of the deal the Mega Co-op East, 1201 S. Hastings Way, is the only store that will be closed.
“This is an exciting opportunity and a true win-win for both organizations,” said David Schafer, chief financial officer of Gordy’s County Market, “This transaction will allow two strong, locally owned companies to bring enhanced value to our customers throughout western Wisconsin.” Added Mega Co-op President Mike Buck, “Both companies will be bigger and stronger as a result of this agreement. This helps ensure a positive future for both of our businesses and will allow us to focus on reinvestment, growth in a highly competitive environment, and returning patronage to our cooperative members.”
Mega and Gordy’s collaboratively employ about 2,500 people in western Wisconsin, and the firms say “they are working hard to minimize any job losses.” Both companies have long histories in the Chippewa Valley. Gordy’s turns 50 this year, while Mega Co-op has been around 81 years.