Tag: Retail acquisition news

Asda completes £2bn acquisition of EG Group’s UK business to expand into convenience and foodservice

businessnewstoday- October 31, 2023

Asda Group has announced the completion of acquiring EG Group’s UK business for an enterprise value of £2.07 billion, marking a major strategic step in ... Read More

Frasers Group set to acquire Germany’s sports retailer SportScheck

businessnewstoday- October 18, 2023

In a strategic move to fortify its presence in the European sports retail market, Frasers Group plc has penned a binding agreement with Signa Retail ... Read More

Casino Group to sell equity in Almacenes Éxito to Grupo Calleja

businessnewstoday- October 16, 2023

The Casino Group disclosed that its Board of Directors greenlit a pre-agreement with Grupo Calleja, the dominant grocery retailer in El Salvador. This agreement pertains ... Read More

French retailer Carrefour to buy 47 SuperCor stores in Spain for €60m

businessnewstoday- September 20, 2023

In a strategic move to solidify its market presence in Spain, retail giant Carrefour has inked a deal to acquire 47 SuperCor stores from El ... Read More

C&S Wholesale Grocers to acquire 413 stores from Kroger and Albertsons merger

businessnewstoday- September 9, 2023

C&S Wholesale Grocers, a leading name in the U.S. wholesale grocery supply and supply chain solutions sector, is expanding its reach through a definitive agreement ... Read More

ALDI to boost US presence with Winn-Dixie and Harveys Supermarket acquisition

businessnewstoday- August 19, 2023

ALDI has unveiled plans to acquire iconic brands Winn-Dixie and Harveys Supermarket from Southeastern Grocers in a strategic move that signals its continued growth in ... Read More

JD Sports Fashion eyes full ownership of Iberian Sports Retail Group for €500m

businessnewstoday- July 8, 2023

JD Sports Fashion, a renowned sports-fashion retail company, announced plans to acquire the remaining 49.98% stake in Iberian Sports Retail Group (ISRG) for a cash ... Read More

Asda Group set to acquire EG Group’s UK and Ireland operations in £2.3bn deal

businessnewstoday- May 31, 2023

British supermarket chain Asda Group has announced the acquisition of convenience and fuel retail company EG Group's UK and Ireland operations for an enterprise value ... Read More

Aditya Birla to buy 51% stake in women’s apparel company TCNS Clothing

businessnewstoday- May 6, 2023

Aditya Birla Fashion and Retail Limited (ABFRL), an Indian fashion and apparel company which is part of the Aditya Birla Group, has agreed to take ... Read More

Majors Management, Alimentation Couche-Tard to buy MAPCO Express assets in separate deals

businessnewstoday- April 29, 2023

Majors Management, an American convenience stores chain, has agreed to acquire MAPCO Express, an operator of gas stations and retail convenience stores, for an undisclosed ... Read More