Sam’s Italian Foods Sold to New York Company

Sam’s Italian Foods, a tradition in central Maine since the first location opened in Lewiston in 1939 has been purchased by venture-capital firm Teamshares of New York.

Sam’s at one time had 14 locations.

John Boyan, a broker relations lead with Teamshares, told MaineBiz:

Nothing is changing with the new ownership other than becoming an employee-owned company.

PHOTO: https://www.samsitalian.com/