Musti ja Mirri Oy has acquired Sweden-based pet supplies online retailer Animail AB for an undisclosed sum.
Based in Finland, Musti ja Mirri Oy operates a chain of pet supplies stores.
Blue Equity has acquired Liquor Stores USA South Inc. from Liquor Stores N.A.
Both based in the US, the acquirer is a private equity firm that invests in companies with development potential, while Liquor Stores N.A runs its business under the operating name Liquor Barn.
Liquor Barn’s operations are planned to be relocated following the acquisition.
Alibaba Group will acquire a majority share in Sun Art Retail for $2.88bn from Ruentex Group, as part of a strategic alliance announced with Auchan Retail and Ruentex.
Based in China, Alibaba Group is an e-commerce conglomerate that delivers consumer-to-consumer, business-to-consumer and business-to-business sales services through web portals.
Alibaba, Auchan Retail and Ruentex will respectively hold a 36.16%, 36.18% and 4.67% stake in Sun Art Retail, upon completion of the transaction. Based in China, the target company is a multi-format food retailer.
The alliance is aimed at bringing together the online and offline expertise of the three partners to provide seamless services to Chinese customers and explore new opportunities in the food retail sector.
US-based private equity firm Gen Cap America has completed the acquisition of The Bargain Barn, a supermarket chain operator with presence in 37 retail locations.
With more than 900 employees, the target company operates as United Grocery Outlet, and GO Grocery Outlet.