14 News has learned that Buehler Foods has signed a letter of intent to sell the company to Houchens Industries of Bowling Green, KY.
Responding to the announcement of the sale, Buehler's officials said that since Houchens already has a number of grocery and convenience stores, there is a better chance for customers and employees to benefit from the sale.
Buehler Foods current operates 22 grocery stories in Indiana, Kentucky and Illinois and has about 1,500 employees.
Information supplied by Buehler says that Houchen Industries is one of the largest 100% employee owned companies in the United States and operates businesses in a wide range of industries. Houchen's employs more than 12,000 people.
Tune to 14 News later Thursday for reaction and complete coverage.
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