UPDATED: Amazon May Purchase BJ’s Wholesale Club

WESTBOROUGH – Multiple media outlets are reporting that BJ’s Wholesale Club could be purchased by Amazon.

The private equity owners of BJ’s may place the Westborough-based chain on the market this year.

CVC Capital Partners and Leonard Green & Partners recently shelved plans for an initial public offering of BJ’s.

The two equity partners purchased BJ’s in 2011 for $2.8 billion.

Reports have a sale fetching $4 to $4.5 billion, reported the New York Post.

The New York newspaper also reported that Amazon may be interested in the BJ’s chain.

BJ’s has 214 warehouse clubs, including one in Framingham. They also have 130 BJ’s gas station.

BJ’s total revenue was reported at just over $12 billion.

Framingham Source Editor Susan Petroni

Susan Petroni Framingham Source Editor Email: editor@FraminghamSource.com Phone: 508-315-7176

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