EG Group goes West in £1.53bn US stores’ acquisition
Blackburn independent forecourt retailer EG Group has completed the £1.53bn acquisition of 762 convenience stores in the USA from Kroger Co.
The deal involves 66 franchise operations operating in 18 states and employing 11,000 associates under the banner names Turkey Hill, Loaf 'N Jug, Kwik Shop, Tom Thumb and Quik Stop.
EG Group will establish a North American headquarters in Cincinnati, Ohio and continue to operate stores under their established banner names.
The USA is a new market for the group to expand operations into ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
