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

Pallavi Madhiraju- October 31, 2023 0

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

Pallavi Madhiraju- October 18, 2023 0

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

Pallavi Madhiraju- October 16, 2023 0

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

Pallavi Madhiraju- September 20, 2023 0

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

Pallavi Madhiraju- September 9, 2023 0

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

Pallavi Madhiraju- August 19, 2023 0

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

Pallavi Madhiraju- July 8, 2023 0

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

Pallavi Madhiraju- May 31, 2023 0

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

Pallavi Madhiraju- May 6, 2023 0

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

Pallavi Madhiraju- April 29, 2023 0

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