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EG Group buys Kroger unit.
February 5, 2018
By: TOM BRANNA
Editor
The Kroger Co. and EG Group, a privately-held petrol forecourt convenience store retailer based in Blackburn, Lancashire, United Kingdom, today announced a definitive agreement for the sale of Kroger's convenience store business unit to EG Group for $2.15 billion. The companies expect to close the transaction during the first quarter of Kroger's fiscal year. As part of the agreement, EG Group will establish their North American headquarters in Cincinnati, Ohio and continue to oper...
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