Who Owns Market Basket?
Updated onExplore the ownership hierarchy of Market Basket. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Market Basket
Regional, family-owned supermarket chain operating Market Basket grocery stores in Southeast Texas and Southwest Louisiana.
MB Foods
MB Foods is a privately held dairy and grocery distributor based in Elmhurst, Illinois, serving about 1,500 independent grocery stores across 12 Midwestern states.
Market Basket
Regional, family-owned supermarket chain operating Market Basket grocery stores in Southeast Texas and Southwest Louisiana.
MB Foods
MB Foods is a privately held dairy and grocery distributor based in Elmhurst, Illinois, serving about 1,500 independent grocery stores across 12 Midwestern states.
Major Shareholders
Market Basket
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Thompson family Market Basket’s own history page states that the company is a privately held supermarket chain owned by the Thompson and Franz families, and local press has long described it as a family‑owned business founded and led by Bruce Thompson and his descendants (including current president Skylar Thompson and director David S. Thompson). | Family | — | Dec 2025 |
Franz family The Market Basket corporate site and local news reports note that the chain is co‑owned by the Thompson and Franz families; Caira Franz (a member of the Franz family) is listed as a director of the general partner entity Retail Investors of Texas Management, LLC, which manages Retail Investors of Texas, Ltd., the limited partnership doing business as Market Basket Food Stores. | Family | — | Dec 2025 |
MB Foods
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Agustin Mendoza Ballesteros Identified as the key principal and a 'member' (owner) of MB Foods LLC in multiple business directories, and listed as the primary contact on the company’s own website. Public sources do not disclose his exact equity or voting stake or whether there are additional minority members. | Individual | — | Dec 2025 |
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