CHANDLER, AZ — Lee Lee International Supermarkets, a three-store Asian-focused international grocery store chain with locations in Peoria, Chandler and Tucson, has been acquired by a Southern California-based specialty grocery retailer.
Maison Solutions Inc. (Nasdaq: MSS), which owns a handful of supermarkets that offer traditional Asian and international food and merchandise, announced Wednesday it acquired Lee Lee Oriental Supermart Inc. through its wholly-owned subsidiary AZLL LLC, an Arizona limited liability company, for $22.2 million.
Maison acquired Lee Lee so it could enter the Arizona market with an established base of stores before starting expansion.
