Maison Solutions Expands into Arizona with Acquisition of Three-Store Lee Lee International Supermarkets Chain
The Company acquired Lee Lee International Supermarkets through AZLL, LLC, an Arizona limited liability company and the Company’s wholly-owned subsidiary. The purchase price of $22.2 million will be paid over a 10-month period and includes $7.0 million in cash paid immediately at closing on April 8, 2024, with the rest paid through a secured note agreement. …