EG Group acquires Kroger's convenience store business
Kroger announced in October 2017 its intention to explore strategic alternatives for its convenience store business, including a potential sale, in conjunction with Restock Kroger.
EG Group, a privately-held petrol forecourt convenience store retailer based in the United Kingdom, announced a definitive agreement to purchase The Kroger Co., Cincinnati, for $2.15 billion.
As part of the agreement, EG Group will establish its North American headquarters in Cincinnati, Ohio, and continue to operate stores under its established banner names.