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Tag: acquisition

7‑Eleven closes the acquisition of 1,030 Sunoco convenience stores

Store count grows to 9,700 in the U.S. and Canada IRVING, TEXAS, 2018-Jan-26 — /EPR Retail News/ — 7‑Eleven, Inc., the premier name and largest chain in the convenience-retailing industry, today (Jan. 23, 2017) announced that it has closed on the acquisition of approximately 1,030 Sunoco convenience stores located in 17 states. This acquisition is the…

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SUPERVALU completes the acquisition of Associated Grocers of Florida for $193 million

MINNEAPOLIS, 2017-Dec-12 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today (Dec. 8, 2017) announced it has completed the previously announced acquisition of Associated Grocers of Florida, Inc. in a transaction valued at approximately $193 million. Associated Grocers of Florida adds a dynamic grocery wholesaler to SUPERVALU’s growing national distribution network with annual sales of approximately $650 million in its last fiscal year…

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Maxima Grupe announces negotiations for the acquisition of Emperia Holding S.A.

Vilnius, Lithuania, 2017-Nov-14 — /EPR Retail News/ — Maxima Grupe, UAB has started negotiations over acquisition of Emperia Holding S.A., the owner of Stokrotka retail chain. Stokrotka network was composed of 410 stores at the end of October, and the consolidated turnover of Emperia Holding S.A. group of the year 2016 was 2451 mill. PLN. “Expansion in…

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Office Depot completes the acquisition of CompuCom Systems, Inc. and announces Q3 2017 results

Acquisition Combines World-Class IT Service Capabilities, Extensive Customer Base and Nationwide Footprint to Create a Powerful Omnichannel Growth Opportunity Strengthens Core Business Through Immediate Cross-Selling Opportunities and Ability to Become a One-Stop Destination for Business Products and Services Q3 2017 GAAP EPS from Continuing Operations of $0.19 Strong 2017 YTD Operating Cash…

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CBRE Group completes acquisition of project management and design engineering provider Heery International, Inc.

Los Angeles, 2017-Nov-01 — /EPR Retail News/ — CBRE Group, Inc. (NYSE: CBG) today (October 30, 2017) announced it has completed its previously-announced acquisition of Heery International, Inc. (Heery), the project management and design engineering business of the international infrastructure group, Balfour Beatty LLC. Heery, based in Atlanta, is a leader in providing project management, design…

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Amazon’s acquisition of Whole Foods Market will close on Monday August 28, 2017

Seattle, Wash. & Austin, Texas, 2017-Aug-28 — /EPR Retail News/ — Amazon and Whole Foods Market today (August 24, 2017) announced that Amazon’s acquisition of Whole Foods Market will close on Monday August 28, 2017, and the two companies will together pursue the vision of making Whole Foods Market’s high-quality, natural and organic food affordable for…

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First Data acquisition of CardConnect now complete

NEW YORK, 2017-Jul-08 — /EPR Retail News/ — First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, and CardConnect Corp., a payment processing and technology solutions provider, today (06 Jul 2017) announced the successful completion of First Data’s tender offer to purchase the outstanding shares of CardConnect common stock for $15.00 per…

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SUPERVALU acquisition of Unified Grocers now complete

MINNEAPOLIS, 2017-Jun-26 — /EPR Retail News/ — SUPERVALU INC. (NYSE: SVU) today (Jun. 23, 2017) announced it has completed the previously announced acquisition of Unified Grocers, Inc. in a transaction valued at $390 million, comprised of $114 million in cash to Unified Grocers’ shareholders for 100 percent of the outstanding stock of Unified Grocers plus the…

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Cabela’s announces date of Special Meeting of Stockholders to approve acquisition of Cabela’s by Bass Pro Shops

Special Meeting to Take Place on July 11, 2017 SIDNEY, Neb., 2017-Jun-07 — /EPR Retail News/ — Cabela’s Incorporated (NYSE:CAB) today (Jun. 5, 2017) announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission (“SEC”) in connection with the Special Meeting of Stockholders (the “Special Meeting”) to approve the previously announced…

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Albertsons Companies strengthens its pharmacy specialty services with the acquisition of MedCart Specialty Pharmacy

Boise, ID, 2017-Jun-02 — /EPR Retail News/ — Albertsons Companies announced today (May 31, 2017) that it recently acquired MedCart Specialty Pharmacy in order to strengthen and extend its pharmacy specialty services. MedCart Specialty Pharmacy is an industry-leading, URAC accredited, pharmaceutical and healthcare provider of customized specialty care services and medication management for patients and…

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Ediston Real Estate and Europa Capital announce acquisition of Auldhouse Retail Park, Glasgow from Aviva Investors

Edinburgh, Scotland, 2017-May-31 — /EPR Retail News/ — Ediston Real Estate and Europa Capital have acquired Auldhouse Retail Park, Glasgow from Aviva Investors. Located close to the city centre, the property provides 116,656 sq. feet of retail warehouse accommodation across seven units. This Open Class 1 retail park is fully let to national retailers, including…

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C C Land completes acquisition of The Leadenhall Building from British Land and Oxford Properties

C C Land completes acquisition of The Leadenhall Building from British Land and Oxford Properties   London, 2017-May-27 — /EPR Retail News/ — British Land and Oxford Properties (the global real estate arm of OMERS, the pension plan for Ontario’s municipal employees) today (25 MAY 2017) announce that they have completed the sale of The Leadenhall Building…

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CBRE expands its presence in South Florida with the acquisition of Brenner Real Estate Group

Acquisition bolsters CBRE’s capabilities in South Florida Los Angeles, 2017-May-16 — /EPR Retail News/ — CBRE Group, Inc. (NYSE: CBG) today (May 15, 2017) announced that it has acquired the business of Brenner Real Estate Group (BREG), a full-service commercial real estate services firm in South Florida. The acquisition bolsters CBRE’s capabilities in South Florida, where…

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CBRE strengthens position as a leader in corporate real estate services in the Pacific with the acquisition of Aurora Projects Pty Limited

Los Angeles, 2017-May-02 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today (May 1, 2017) announced that it has acquired Aurora Projects Pty Limited (Aurora), a leading project advisory and management company in Australia. The acquisition significantly strengthens CBRE’s position as a leader in corporate real estate services in the Pacific (Australia and New…

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PVH further participates in the fast growing online channel with the acquisition of direct-to-consumer e-commerce retailer True&Co.

NEW YORK, 2017-Mar-22 — /EPR Retail News/ — PVH Corp. [NYSE: PVH] announced today (Mar. 16, 2017) that it has entered into an agreement to acquire True&Co., a direct-to-consumer intimate apparel e-commerce retailer. True&Co. is changing the way women shop online by redesigning the art of bra shopping. It uses a proprietary fit quiz to recommend…

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Brixmor Property Group announces the acquisition of Arborland Center in Ann Arbor, Michigan for $102 million

NEW YORK, 2017-Mar-07 — /EPR Retail News/ — Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today (March 6, 2017) the acquisition of Arborland Center, a 404,000 square foot grocery-anchored regional shopping destination located in Ann Arbor, Michigan, for $102 million. Arborland Center is located in a high barrier-to-entry trade area situated…

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CBRE enhances its debt and structured finance service offering with the acquisition of Capstone Financial Solutions LLC

Los Angeles, 2017-Feb-15 — /EPR Retail News/ — CBRE Group, Inc. (NYSE: CBG) today  (February 13, 2017) announced that it has acquired the business of Capstone Financial Solutions LLC (“Capstone Financial”), a national boutique commercial real estate finance and consulting firm in the U.S. This acquisition enhances CBRE’s debt and structured finance service offering nationally…

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t0.com, Inc. further expands its presence and range of services in global financial ecosystem with the acquisition of Blue Ocean Technologies

Creates Blue Ocean Technologies, LLC to offer U.S. securities trading after close of U.S. capital markets SALT LAKE CITY, 2017-Jan-18 — /EPR Retail News/ — Financial technology firm t0.com, Inc., has formed Blue Ocean Technologies, LLC after acquiring the assets of Singapore-based Blue Ocean Financial Technology, Pte. Ltd. The addition of Blue Ocean Technologies to the t0…

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SpartanNash completes acquisition of certain assets of Caito Foods Service and Blue Ribbon Transport

Byron Center, MI, 2017-Jan-10 — /EPR Retail News/ — SpartanNash (NASDAQ: SPTN) today (Jan 9th, 2017) announced that it has completed the previously announced acquisition of certain assets of Caito Foods Service ("Caito") and Blue Ribbon Transport ("BRT"). Under the terms of the agreement, SpartanNash acquired Caito's produce distribution business, fresh cut fruits and vegetables…

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CBRE Group, Inc. announces the acquisition of leading retail project management firm Skye Group

Los Angeles, 2016-Dec-13 — /EPR Retail News/ — CBRE Group, Inc. (NYSE: CBG) today (December 12, 2016) announced that it has acquired Skye Group (Skye), a leading provider of retail project management, shopping center development and tenant coordination services in the U.S. and Canada. This acquisition enhances CBRE’s position in the retail market by bolstering…

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ICA Gruppen confirms talks over a potential acquisition of the Lithuanian grocery chain IKI

Solna, Sweden, 2016-Nov-26 — /EPR Retail News/ — ICA Gruppen today (2016, 25 November) confirms, after reports in local media in Lithuania, that discussions are ongoing with the owners of Palink, over a potential acquisition of the Lithuanian grocery chain IKI. No agreement has been reached and it is not possible to state with certainty that…

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Bed Bath & Beyond Inc. announces the acquisition of PersonalizationMall.com

Expands Bed Bath & Beyond's Existing Assortment in Growing Product Personalization Category; Furthers Mission to Provide Differentiated Products, Services and Solutions to Customers Supports PersonalizationMall.com's Ongoing Efforts to Continually Improve Customer Experience Through Enhancements to Product Mix, Upgrades to E-Commerce Website, and Optimization of Marketing Initiatives Leverages PersonalizationMall.com's Fully-Integrated, Proprietary Technology Platform to…

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Lowe’s announces completion of previously announced acquisition of RONA inc.’s Preferred Shares

MOORESVILLE, N.C. and BOUCHERVILLE, Quebec, 2016-Nov-21 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) (“Lowe’s” or the “Company”) today (Nov. 18, 2016) announced it has completed its previously announced acquisition of RONA inc.’s (“RONA”) Cumulative 5-Year Rate Reset Series 6 Class A Preferred Shares and Cumulative Floating Rate Series 7 Class A Preferred Shares…

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eBay completes acquisition of visual search technologies pioneer Corrigon Ltd.

eBay completes acquisition of visual search technologies pioneer Corrigon Ltd.   San Jose, California, 2016-Oct-31 — /EPR Retail News/ — UPDATE: eBay has completed the acquisition of Corrigon Ltd., a pioneer of visual search technologies.  Corrigon’s image recognition technology will enhance the eBay shopping experience.  The Corrigon team has joined eBay’s structured data organization and will be based in…

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Buffalo Boots GmbH and DEICHMANN group sign purchase agreement for the acquisition of Buffalo

Essen/Hochheim, 2016-Oct-04 — /EPR Retail News/ — The founder of Buffalo Boots GmbH, Mick Conradi, and the DEICHMANN group signed a purchase agreement for the acquisition of Buffalo. It is still subject to approval by the antitrust authorities. The purchase price was not disclosed. The objective is to maintain the brand and the company as a…

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Authentic Brands Group, General Growth Properties and Simon Property Group finalizes acquisition of Aéropostale

NEW YORK & CHICAGO & INDIANAPOLIS, 2016-Sep-18 — /EPR Retail News/ — Authentic Brands Group (ABG), General Growth Properties (GGP) and Simon Property Group (SPG) finalizes the acquisition of the global trend-focused apparel and accessories brand, Aéropostale. The consortium includes ABG, the owner of a global portfolio of fashion, sports and entertainment brands, GGP and SPG,…

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The Save Mart Companies to rebrand Food Source store in North Highlands into FoodMaxx following its acquisition

Modesto, Calif., 2016-Sep-15 — /EPR Retail News/ — The Save Mart Companies has acquired the Food Source store located at 7477 Watt Avenue in North Highlands. The Company will move its FoodMaxx store at 8065 Watt Avenue in Antelope to the new location, just a mile down the street. Food Source will close September 24. So…

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Diebold acquisition of Wincor Nixdorf AG finalized

NORTH CANTON, 2016-Aug-16 — /EPR Retail News/ — Diebold, Incorporated (NYSE: DBD) today (15 August 2016) announced that it has successfully completed the acquisition of Wincor Nixdorf AG through its voluntary takeover offer for all the company's ordinary shares.  The combined organization will begin operating as Diebold Nixdorf on Tuesday, Aug. 16. Offer consideration and other transaction details Under…

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Krispy Kreme acquisition by JAB Beech completed

WINSTON-SALEM, N.C., 2016-Aug-01 — /EPR Retail News/ — Krispy Kreme Doughnuts, Inc. (NYSE: KKD) (“Krispy Kreme” or the “Company”) and JAB Beech Inc. (“JAB Beech”), an indirect controlled subsidiary of JAB Holding Company (“JAB”), today announced the successful completion of the acquisition of Krispy Kreme by JAB Beech. The acquisition was announced on May 9, 2016,…

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LCP to manage Erith Riverside Shopping Centre following its acquisition by Evolve Estates Ltd

London, 2016-Jul-07 — /EPR Retail News/ — Erith Riverside Shopping Center becomes part of Evolve Estates Ltd’s growing UK investment portfolio that now stands at over £190m in value and includes over 60 properties. Evolve Estates have purchased the long leasehold on the shopping center, the freehold of which is owned by the London Borough of Bexley. The purchase…

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