Grocery Outlet Holding Corp. Closes Acquisition of United Grocery Outlet

April 2, 2024

https://www.globenewswire.com/news-release/2024/04/02/2855755/0/en/Grocery-Outlet-Holding-Corp-Closes-Acquisition-of-United-Grocery-Outlet.html

EMERYVILLE, Calif., April 02, 2024 (GLOBE NEWSWIRE) — Grocery Outlet Holding Corp. (NASDAQ:GO) (“Grocery Outlet” or the “Company”) today announced the closing of the previously announced acquisition of United Grocery Outlet (“UGO”), an extreme value, discount grocery retailer operating throughout the Southeastern United States, from affiliates of Gen Cap America, Inc. and current and former UGO management. With 40 stores and a distribution center, the acquisition of UGO expands Grocery Outlet’s presence into Tennessee, North Carolina, Georgia, Alabama, Kentucky and Virginia.

Read more at globenewswire.com

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