Dive Brief:

• Southeaster Grocers, the parent company of Bi-Lo and Winn-Dixie supermarket chains, has announced it has filed for IPO.
• The number of shares to be released and the subsequent price range for individual shares in the company has yet to be disclosed.
• The IPO filing will make Winn-Dixie a public trading company again after becoming private in December 2011 following its acquisition by Bi-Lo Markets.

Dive Insight:

Although the company has not formally released specifics, the increased cash from the IPO could potentially be utilized to fund further acquisitions and allow SouthEaster Grocers to revamp a pair of recent Bi-Lo acquisitions from December 2011. Earlier this month, Bi-Lo Holding purchased 22 Piggly Wiggly stores on the east coast.