Sprouts Farmers Market has acquired two independently owned stores in Chula Vista, California, it announced Monday. Through a licensing agreement, the locations were operating under the Sprouts Farmers Market name.
“We are pleased to bring these two high-volume stores into the Sprouts fold, allowing us to serve more customers in the San Diego market,” said Chip Molloy, chief financial officer of Sprouts, in a statement.
The acquisition gives Sprouts complete control of the Sprouts brand, as no other licensed Sprouts stores exist, and opens further expansion possibilities in Southern California, according to the company.
The terms of the acquisition were not disclosed.
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