Alibaba to acquire 33% equity interest in Ant Financial

Hangzhou, China, 2018-Feb-02 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA, “Alibaba”) and Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Financial”) today (February 1, 2018) announced that pursuant to 2014 transaction agreements, Alibaba will acquire a 33% equity interest in Ant Financial. The parties have agreed to certain amendments to […]

SSP Group PLC to acquire Stockheim travel catering business

London, 2017-Dec-04 — /EPR Retail News/ — SSP Group PLC, a leading operator of food and beverage outlets in travel locations worldwide, has agreed1 to acquire part of the Stockheim group2, a travel concessions business based in Germany. The business operates 25 food and beverage outlets in airports and railway stations, including at Düsseldorf and Cologne, […]

Maxima grupė submits tender offer to acquire 100% of Stokrotka’s shares on Warsaw Stock Exchange

Vilnius, Lithuania, 2017-Nov-27 — /EPR Retail News/ — Maxima grupė has signed an investment agreement with Emperia Holding and is submitting a tender offer to acquire 100% of company’s shares on Warsaw Stock Exchange. Emperia Holding controls a Polish retail chain Stokrotka. “Stokrotka is one of the leading food retail chains in the Polish market. We […]

The LVMH Group to acquire 60% stake in Colgin Cellars

The LVMH Group to acquire 60% stake in Colgin Cellars   Paris, 2017-Nov-22 — /EPR Retail News/ — Ann Colgin, Founder of Colgin Cellars, and her husband Joe Wender, have chosen to partner with the LVMH Group, with the will to preserve their long-term commitment to the quality of their Cabernet and Syrah wines, as well […]

Delivery Hero Group to acquire the remaining shares in Korean food delivery platform Foodfly

Berlin, 2017-Sep-22 — /EPR Retail News/ — Delivery Hero Group (“Delivery Hero”), the leading global online food ordering and delivery marketplace, today (20 September 2017 ) announced it has agreed to acquire the remaining shares in Foodfly, a fast-growing Korean food delivery platform based in Seoul. Before the transaction, Delivery Hero already held a fully diluted […]

The Home Depot® to acquire equipment rental and maintenance services provider Compact Power Equipment, Inc.

ATLANTA, 2017-Jul-08 — /EPR Retail News/ — The Home Depot® today (July 6, 2017) announced a definitive agreement to purchase Compact Power Equipment, Inc., a leading national provider of equipment rental and maintenance services for $265 million in cash. The transaction is expected to close by the end of the company’s fiscal second quarter. As a long-term […]

ScanSource to acquire leading distributor of payment devices and services POS Portal

Greenville, SC – Worldwide Headquarters, 2017-Jul-04 — /EPR Retail News/ —ScanSource, Inc. (NASDAQ: SCSC), a leading global provider of technology products and solutions, today ( June 29, 2017) announced a definitive agreement to acquire POS Portal, a leading distributor of payment devices and services primarily to the SMB market segment. POS Portal brings 17 years of […]

Sycamore Partners to acquire Staples, Inc. for an equity value of approximately $6.9 billion

FRAMINGHAM, Mass. & NEW YORK, 2017-Jul-04 — /EPR Retail News/ — Staples, Inc. (NASDAQ: SPLS or the “Company”) and Sycamore Partners, a leading private equity firm, today (June 29, 2017) announced that they have entered into a merger agreement in which investment funds managed by Sycamore Partners will acquire the Company in a transaction that […]

S Group’s regional cooperatives to acquire Stockmann Delicatessen business operations in Finland

S Group’s regional cooperatives to acquire Stockmann Delicatessen business operations in Finland   Helsinki, Finland, 2017-Jul-03 — /EPR Retail News/ — Stockmann and S Group have signed an agreement on the transfer of the Stockmann Delicatessen business operations in Finland to S Group’s regional cooperatives. The purpose of the transaction is to develop the Delicatessen stores […]

CBRE to acquire a majority interest in Caledon Capital Management Inc.

Acquisition to Expand Suite of Infrastructure Investment Programs Los Angeles, 2017-Jun-12 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today (June 9, 2017) announced that it has entered into a definitive agreement to acquire a majority interest in Caledon Capital Management Inc. (Caledon), a Toronto-based investment management business specializing in private infrastructure and private […]

US Foods to acquire food and food-related products distributor F. Christiana

ROSEMONT, Ill, 2017-Jun-05 — /EPR Retail News/ — US Foods announced today (June 02, 2017) that it has agreed to acquire F. Christiana, a broadline distributor of food and food-related products concentrating on the important center-of-the-plate categories as well as dairy and dry goods. Family-owned for three generations, F. Christiana has nearly $100 million in […]

Delivery Hero Group to acquire Kuwait-based food delivery platform Carriage

Berlin, 2017-May-30 — /EPR Retail News/ — Delivery Hero Group (“Delivery Hero”), the leading global online food ordering and delivery marketplace, announced today (29 May 2017 ) it has agreed to acquire Carriage, a young and fast-growing food delivery platform based in Kuwait and operating in the Gulf Council Countries (GCC). Carriage operates a hybrid business […]

First Data to acquire all outstanding shares of common stock of CardConnect for $15.00 per share in cash

CardConnect’s innovative partner management tools help improve merchant retention Capabilities accelerate First Data’s firm-wide ISV initiative Brings First Data immediate capabilities in ERP-integrated payment solutions All CardConnect tools and capabilities will be made available through First Data’s JVs, acquiring partnerships, and other distribution channels Transaction is modestly accretive to adjusted EPS before expected synergies Modest […]

Lowe’s Companies, Inc. to acquire Maintenance Supply Headquarters for $512 million

MOORESVILLE, N.C., 2017-May-19 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today (May 18, 2017) announced it has entered into a definitive agreement to acquire Maintenance Supply Headquarters, a leading distributor of maintenance, repair and operations (MRO) products to the multifamily housing industry, for a total transaction value of $512 million. Based in […]

Darden Restaurants to acquire Cheddar’s Scratch Kitchen for $780 million in an all-cash transaction

ORLANDO, Fla., 2017-Apr-25 — /EPR Retail News/ — Darden Restaurants, Inc. (NYSE:DRI) today (April 24, 2017) announced that it has completed the acquisition of Cheddar’s Scratch Kitchen (Cheddar’s) for $780 million in an all-cash transaction from its stockholders including private equity firms L Catterton and Oak Investment Partners. This follows the agreement that was announced […]

PetSmart to acquire online pet retailer Chewy, Inc.

Combined Company Provides Most Convenient Customer Experience Across Brick and Mortar and Online Channels Phoenix, AZ, 2017-Apr-19 — /EPR Retail News/ — PetSmart, Inc. (“PetSmart”) today (Apr. 18, 2017) announced it has entered into a definitive agreement to acquire Chewy, Inc. (“Chewy”), the online pet retailer. The acquisition accelerates the execution of PetSmart’s strategy and […]

Pradera European Retail Parks Fund to acquire 25 retail parks in eight European countries

London, 2017-Apr-07 — /EPR Retail News/ — Pradera, one of Europe’s leading specialist retail property fund and asset managers, has today (05 April 2017) announced the first closing of the Pradera European Retail Parks SCSp, a Luxembourg fund. In a EUR 900 million transaction agreed with IKEA Centres, the Fund has signed a contract to […]

LVMH to acquire majority share in Maison Francis Kurkdjian

LVMH to acquire majority share in Maison Francis Kurkdjian   Paris, 2017-Mar-23 — /EPR Retail News/ — Motivated by a shared vision of French perfume making and the creativity that inspires it, LVMH and Maison Francis Kurkdjian have announced their association in order to jointly pursue the long-term development of the fragrance House. Under the agreement […]

Garrett Brands to acquire Frango® from Macy’s, Inc.

Brands Legacy Aligns with Purchaser’s Growth Strategy CINCINNATI & CHICAGO, 2017-Jan-31 — /EPR Retail News/ — Macy’s, Inc. (NYSE:M), one of the nation’s premier retailers, and Garrett Brands, owner of Garrett Popcorn Shops, today (Jan. 30, 2017) announced that they have entered an agreement by which Garrett Brands will acquire Frango®, a distinguished, premium chocolate […]

Luxottica Group to acquire one of the largest optical franchisors in Brazil Óticas Carol

Milan , 2017-Jan-31 — /EPR Retail News/ — Luxottica Group S.p.A, a leader in the design, manufacture, distribution and sale of fashion, luxury and sports eyewear, signed an agreement with the current shareholders of Óticas Carol under which Luxottica will acquire 100% of Óticas Carol, one of the largest optical franchisors in Brazil with approximately […]

AmRest Holdings SE to acquire Pizza Hut Delivery business in France from Top Brands NV

AmRest Holdings SE to acquire Pizza Hut Delivery business in France from Top Brands NV   Wroclaw, Poland, 2017-Jan-26 — /EPR Retail News/ — AmRest Holdings SE („AmRest”, “the Company”) (WSE: EAT), the largest publicly listed restaurant operator in Central Europe, announces signing on January 24th , 2017 a Share Purchase Agreement with Top Brands NV […]

PVH Corp. to acquire the licensed Tommy Hilfiger men’s tailored clothing business for North America from Marcraft Clothes, Inc.

NEW YORK, 2017-Jan-25 — /EPR Retail News/ — PVH Corp. (NYSE:PVH) announced today (Jan. 24, 2017) that it has entered into an agreement to acquire the licensed Tommy Hilfiger men’s tailored clothing business for North America from Marcraft Clothes, Inc. Marcraft operates the business under license from Tommy Hilfiger Licensing LLC, a wholly owned subsidiary of […]

Stanley Black & Decker to acquire Craftsman brand from Sears Holdings

Stanley Black & Decker to develop, manufacture and sell Craftsman-branded products in non-Sears Holdings channels Sears Holdings to continue sourcing and selling Craftsman-branded products in all its retail channels under perpetual license agreement Agreement consists of $525 million cash payment at closing, $250 million at end of year three, and annual payments to Sears Holdings […]

Casino announces offer to acquire for cash all outstanding ordinary shares of Cnova

Paris, 2016-Dec-28 — /EPR Retail News/ — Casino, Guichard-Perrachon S.A. (“Casino”) today (December 27, 2016) announced that it has commenced an offer to acquire for cash all outstanding ordinary shares of Cnova, nominal value €0.05 per share (“Cnova ordinary shares”), in the United States (the “U.S. Offer”). Pursuant to the U.S. Offer, Casino is offering to […]

Lenta to acquire Kesko’s K-Ruoka brand food retail business in Russia

St. Petersburg, Russia, 2016-Oct-27 — /EPR Retail News/ — Lenta, (LSE, MOEX: LNTA) one of the largest retail chains in Russia, and Kesko are pleased to announce they have reached an agreement under which Lenta will acquire Kesko’s food retail business in Russia (“KFR”), currently operating under the K-Ruoka brand. Assets acquired KFR consists of 10 […]

Hannaford Supermarkets to acquire the Bud’s Shop ‘n Save stores in Newport and Dexter

SCARBOROUGH, Maine, 2016-Oct-19 — /EPR Retail News/ — Hannaford Supermarkets has reached an agreement to purchase the Bud’s Shop ‘n Save stores in Newport and Dexter. Bud’s has been a wholesale customer of Hannaford for 63 years and carries a wide array of Hannaford-brand items. The transaction is expected to be complete in early December. Dean […]

eBay to acquire visual search technologies pioneer Corrigon Ltd

eBay to acquire visual search technologies pioneer Corrigon Ltd   San Jose, California, 2016-Oct-07 — /EPR Retail News/ — eBay has signed an agreement to acquire Corrigon Ltd., a pioneer of visual search technologies. Corrigon helps identify objects within an image, matching both visual and textual elements to ensure that the image is recognized, correctly classified […]

Weis Markets to acquire location and assets of Nell’s Family Market in East Berlin, PA from C&S Wholesale Grocers

Sunbury, PA, 2016-Oct-07 — /EPR Retail News/ — Weis Markets today (October 5, 2016) announced plans to purchase the location and assets of Nell’s Family Market of East Berlin LLC in East Berlin, PA from C&S Wholesale Grocers. This purchase of the grocery store located at 30 Primrose Lane in East Berlin, Pa. will be […]

Bass Pro Shops to acquire Cabela’s for $5.5 billion

SPRINGFIELD, Mo. & SIDNEY, Neb., 2016-Oct-04 — /EPR Retail News/ — Bass Pro Shops and Cabela’s Incorporated (NYSE:CAB), two iconic American outdoor companies with similar humble origins, and with a shared goal to better serve those who love the outdoors, today (Oct. 3, 2016) announced that they have entered into a definitive agreement under which Bass […]

US Foods to acquire Italian specialty distributor Jeraci Foods

Rosemont, Ill., 2016-Oct-03 — /EPR Retail News/ — US Foods today (Sep 30, 2016) announced that it has agreed to acquire Jeraci Foods, an Italian specialty distributor based in Elmsford, New York. Family owned since 1972, Jeraci Foods offers a complete line of authentic Italian and other imported and domestic food products to customers throughout […]