Convenience store operator Mills Group has snapped up CTN chain Morgam News for an undisclosed sum.
Morgam News’ 27 outlets have been added to Mills Group’s existing 57-strong estate, which boasts annual sales of £40m.
The expanded operation has 84 stores, with annual sales of £58m, powering Mills Group from number 27 to number 11 in The Grocer’s Top 50 independents ranking.
This would potentially enable the business to leap past retailers such as Botterills and Bells Stores.
Further details in this week’s copy of The Grocer magazine.
Morgam News’ 27 outlets have been added to Mills Group’s existing 57-strong estate, which boasts annual sales of £40m.
The expanded operation has 84 stores, with annual sales of £58m, powering Mills Group from number 27 to number 11 in The Grocer’s Top 50 independents ranking.
This would potentially enable the business to leap past retailers such as Botterills and Bells Stores.
Further details in this week’s copy of The Grocer magazine.
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