1. News
February 9, 2017

M&As this week: ARC Group, Kroger

ARC Group has announced its plans to acquire Yobe Frozen Yogurt, a US-based self-serve yogurt franchise with 34 locations across the country.

ARC Group has announced its plans to acquire Yobe Frozen Yogurt, a US-based self-serve yogurt franchise with 34 locations across the country.

Also based in the US, ARC Group is the owner, operator and franchisor of Dick's Wings & Grill.

The acquisition will enable ARC to enter a new segment of the quick-service restaurant market.

Kroger has announced its plans to acquire Murray's Cheese by acquiring the company’s equity and its flagship store in Bleecker Street, New York, US.

"The acquisition will enable ARC to enter a new segment of the quick-service restaurant market."

Kroger is a grocery retailer, while Murray's Cheese is a manufacturer and seller of cheese, meat and speciality food items.

Both companies involved in the acquisition are based in the US.