M&As this week: Central Network Retail Group, Riata Capital Group, AmRest Holdings
Central Network Retail Group has announced its plans to puchase hardware-store chain operator McLendon Hardware.
Central Network is a hardware stores, home centres and lumberyards owner and operator.
The acquisition will enable McLendon to expand its presence in the Puget Sound region and other parts of the US.
Private equity firm Riata Capital Group has announced the acquisition of optical and sunglasses stores operator Eyetique Corporation.
Both the companies involved in the deal are based in the US.
AmRest Holdings has announced its plans to buy a 51% stake in Restaurant Partner Polska (RPP) from Germany-based online and mobile food ordering company Delivery Hero.
RPP operates online food ordering marketplace PizzaPortal.pl, while AmRest is a restaurant chain operator.
Both the companies involved in the transaction are based in Poland.
The acquisition will help AmRest to expand its food delivery division.
Alex Apparel Group has announced the acquisition of The S.L. Fashions Group in order to expand its presence in new markets.
Both the companies involved in the transaction are women’s apparel designers and distributors based in the US.
Japanese clothing retailer Adastria has signed a definitive agreement to purchase US-based women’s apparel retailer Velvet.
The acquisition will help Adastria to establish its presence in North America.
American private investment firm Cornell Capital has announced its plans to acquire housewares manufacturer and marketer WKI Holding Company (World Kitchen).
World Kitchen is also based in the US.
Zensar Technologies has announced its plans to buy Keystone Logic Solutions and its US subsidiary for Rs1.32bn ($20.3m).
Both based in India, Zensar Technologies is an IT services company, while Keystone is retail technology provider.
The acquisition will enable Zensar to enhance its product portfolio.