In the US, Cumberland Farms has agreed to acquire East Coast convenience retail competitor Coen Markets for an undisclosed amount, according to an announcement on thursday.
The deal includes Pittsburgh-based Coen’s 54 convenience stores across western Pennsylvania, eastern Ohio, and northwest Virginia as well as three locations that are currently under construction. The transaction is expected to close sometime this year, pending regulatory approvals.
The announcement also suggests that parent company EG Group has shifted its name and operations under the Cumberland Farms banner. Representatives from the company did not respond by press time when asked to confirm this information.
Full story Cumberland Farms to acquire Coen Markets | C-Store Dive
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