Reliance Retail Ventures to acquire Big Bazaar and other businesses of Future Group
(adsbygoogle = window.adsbygoogle || []).push({}); Reliance Retail Ventures (RRVL), subsidiary of Reliance Industries, has agreed to acquire the retail and wholesale business and the logistics and More...
US-based EC Design acquires Australian stationery retailer kikki.K
EC Design, a US-based lifestyle products company, has acquired Australia-based design and stationery brand kikki.K for an undisclosed price. The stationery retailer, which was founded by Swedish entrepreneur Kristina More...
7-Eleven to acquire Speedway from Marathon Petroleum for $21bn
7-Eleven acquisition of Speedway : Convenience stores company 7-Eleven has agreed to acquire the Speedway convenience store chain from US petroleum refining company Marathon Petroleum for $21 billion in an all-cash More...
US Foods wraps up $970m acquisition of Smart Foodservice Warehouse Stores
US Foods has wrapped up its $970 million acquisition of Oregon-based warehouse grocery store chain Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management. The deal excludes More...
Casino Group to sell 567 Leader Price stores in France to Aldi for €735m
French retail company Casino Group has agreed to sell three warehouses and 567 Leader Price stores in France to German discount supermarket chain Aldi’s subsidiary Aldi France in a deal worth €735 million. The More...
Costco acquires logistics solutions provider Innovel Solutions for $1bn
Costco acquisition of Innovel Solutions : US warehouse clubs chain Costco Wholesale Corporation has acquired Innovel Solutions, a provider of third-party end-to-end logistics solutions for $1 billion from Transform More...
Paper Source acquires 30 stores of bankrupt gift retailer Papyrus
Paper Source, a Chicago-based stationery and gift retailer has acquired 30 closed stores of the bankrupt lifestyle brand and gift retailer Papyrus in the US for an undisclosed price. In January 2020, Schurman Fine More...
Amethis takes minority stake in Kenyan supermarket chain Naivas
Amethis, an Africa-focused investment fund manager, and its partners have bought a minority stake in Kenyan supermarket chain Naivas Group. The other investors joining the France-based Amethis in the acquisition More...
US Foods to acquire Smart Foodservice Warehouse Stores for $970m
US Foods acquisition of Smart Foodservice : US Foods has agreed to acquire Smart Foodservice Warehouse Stores, an Oregon-based warehouse grocery store chain from funds managed by affiliates of Apollo Global Management More...
L Brands to sell 55% stake in Victoria’s Secret to Sycamore Partners for $525m
US fashion retailer L Brands has agreed to sell 55% stake in Victoria’s Secret Lingerie to private equity firm Sycamore Partners for about $525 million. As per the terms of the deal, Victoria’s Secret, which More...