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

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

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 growing its convenience and foodservice offerings. This acquisition accelerates Asda’s reach, bringing their value pricing model to millions more across the UK. Expanding Asda’s Reach Through Strategic Acquisitions The purchase […]