EG Group goes West in £1.53bn US stores’ acquisition

EG Group
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 ... For the full story register now for free or login below...