Saturday, May 17, 2025
77.4 F
Roseville

Raley’s Completes Purchase of the Bashas’ Company

New business entity announced to support recent acquisitions

West Sacramento, Calif. – Raley’s has announced the completion of the Bashas’ acquisition. As previously shared, Raley’s had entered into a definitive agreement to purchase all the assets of the Bashas’ Company.

This transaction closed earlier this week. The Bashas’ Company will join a newly formed enterprise, The Raley’s Companies.

“We are humbled by the opportunity to assume stewardship of the Bashas’ legacy. As the owner of a multigenerational family business, I, along with my wife Julie, understand the importance of this responsibility. We will be worthy of the Basha family’s trust, the communities’ support and dedication of the nearly 9,000 team members across Arizona, New Mexico and the four Tribal Nations,” said Michael Teel, Owner & Chairman of The Raley’s Companies.

Market Expansion Eyed

The deal combines Bashas’ with a larger portfolio of retail and technology holdings controlled and managed by The Raley’s Companies. According to Keith Knopf, President & CEO of The Raley’s Companies, “As promised, we are committed to preserving and enhancing the existing Bashas’ brands, including AJ’s Fine Foods, Bashas’ Diné Market, Bashas’, Food City and Eddie’s Country Store. Now part of a larger organization, the increased resources will ensure that reinvestment in stores, new store growth, expansion into new markets, enhanced technology, and charitable giving is amplified.”

Knopf announced to the broader organization that all hourly team members in eligible roles working in the distribution center and retail locations in Arizona, New Mexico and Tribal Nations will receive a wage increase in early 2022.

Corporate office to remain in Arizona

Knopf further reaffirmed that the Bashas’ Corporate Office will remain in Chandler, AZ with continued service from their leadership team. “I am pleased to share Trey Basha will serve as the President of the Bashas’ Operating Company. In addition, Michael Basha will oversee distribution and Johnny Basha will support the Native American Tribal Communities, Real Estate, as well as other administrative responsibilities.”

The Raley’s Companies is a modern, digitally sophisticated retail company born out of proud family legacies and committed to quality offerings, exceptional service and dedicated to serving team members, communities and the planet. With more than 90 years in the grocery business, the company now has more than 235 locations and is a leader in their respective markets. The Raley’s Companies bridges the divide between the physical and digital retail experience through the operation of Apium Logistics, Fieldera and FieldTRUE.

When asked about how this larger company will operate, Chief Human Resources Officer, Laura Croff, said, “The Raley’s Companies organizational structure blends a shared services leadership component, while ensuring dedicated and focused operating company leaders and resources to effectively balance local strategy as well as enterprise-wide objectives.”

Operating companies

The Raley’s Companies was created to support the operating companies, including Raley’s, Bashas’ and FieldTRUE.

The Raley’s Companies

Led by Keith Knopf, President & CEO. Other leaders include Jen Warner, Administrative Officer; Deirdre Zimmermann, Customer Experience; Laura Croff, Human Resources; Ken Mueller, Financial Officer; Craig Benson, Information Technology; Chelsea Minor, Public Relations & Government Affairs; and Helen Singmaster, General Counsel.

The Bashas’ Operating Company

Led by Edward “Trey” Basha III, President. Other leaders include Johnny Basha, Planning and Real Estate; Michael Basha, Logistics; Steve Mayer, Sales and Merchandising; Ralph Woodward, Operations; Gregg Tucek, General Counsel; and Joe Wisto, Controller.

The Raley’s Operating Company

Raley’s President will be announced in January 2022. Other leaders include Paul Gianetto, Sales and Merchandising; Levi Wingo, Operations; Angela Mills-Dixon, Human Resources; and Lisa Inselman, Controller. For full list leaders, visit raleys.com.

Each Operating Company President as well as the enterprise shared services leaders will report to Knopf, who will continue to oversee all long-range planning and strategy for the entire portfolio of companies and will report into the Raley’s Board of Directors.

Knopf also acknowledges the expert counsel and support provided by The Law Offices of Snell & Wilmer, especially Partner Terry Roman, P.C., in bringing the deal to fruition. Lastly, Knopf recognizes The Food Partners, who served as strategic and financial advisor to Raley’s.



Support local sports!

Sphere Las Vegas

Trending

Sisters Thai Kitchen in Roseville

Sisters Thai Kitchen, No-frills Pan-Asian diner near UNT campus serving stir fries & noodles with diner's choice of meat.

Bass Pro Shops in Rocklin

Visit Bass Pro Shops in Rocklin, CA for expert advice and top gear in fishing, hunting, boating & shooting. Plan your outdoor adventure today.

Big 5 Sporting Goods in Roseville

Find BIG brands for low prices in sporting gear, fitness equipment, active apparel, and sport-specific shoes and cleats. Buy online or in-store!

BevMo! in Roseville on Douglas Blvd

Shop BevMo.com for wine, spirits, beer & more. Order online and have it delivered or pick up in 30 minutes.

Denio Family Park in Roseville: A welcome addition to local outdoor recreation

Roseville, Calif. - Simple, yet powerful words of encouragement attributed to the Denio Family are etched in the flipside of the new sign denoting Roseville's newest outdoor showcase, Denio Family Park.

Topics

Sisters Thai Kitchen in Roseville

Sisters Thai Kitchen, No-frills Pan-Asian diner near UNT campus serving stir fries & noodles with diner's choice of meat.

Bass Pro Shops in Rocklin

Visit Bass Pro Shops in Rocklin, CA for expert advice and top gear in fishing, hunting, boating & shooting. Plan your outdoor adventure today.

Big 5 Sporting Goods in Roseville

Find BIG brands for low prices in sporting gear, fitness equipment, active apparel, and sport-specific shoes and cleats. Buy online or in-store!

BevMo! in Roseville on Douglas Blvd

Shop BevMo.com for wine, spirits, beer & more. Order online and have it delivered or pick up in 30 minutes.

Denio Family Park in Roseville: A welcome addition to local outdoor recreation

Roseville, Calif. - Simple, yet powerful words of encouragement attributed to the Denio Family are etched in the flipside of the new sign denoting Roseville's newest outdoor showcase, Denio Family Park.

Rudy’s Gourmet Mexican Cuisine in Rocklin

At Rudy’s we take real pride in serving our guests authentic Mexican cuisine. We are proud to offer you our tradition of fresh, high quality meals with excellent service.

Wags To Riches Pet Grooming in Rocklin

Established in 1991 Wags to Riches Pet Grooming has been serving the Rocklin, CA and surrounding cities for over 30+ years. We provide grooming, bath, teeth cleaning, anal grand extractions and nail services for cats and dogs.

Twelve Bridges Dental Group in Roseville

Dr. Raj & Insiya Zanzi provide excellent dental care for you & your family in Roseville and Lincoln at their state of the art dental practice.

Related Articles

Local Spotlight

Paul Black’s Window Cleaning serving Roseville and South Placer County for over 30 years

Paul Black’s Window Cleaning Inc. has been serving Placer County’s commercial and residential window cleaning needs since 1990.

Roseville Sheet Metal serving community’s heating and air needs for over 70 years

Roseville, Calif. - At Roseville Sheet Metal, we’re proud of our years of service to the Roseville area and look forward to helping you with your air conditioning and heating needs.

Making a Splash in Roseville at Steve Wallen Swim School

Roseville, Calif. - Steve Wallen Swim School in Roseville teaches swim lessons and water safety for infants, kids, and adults of all skill levels.